🚀 𝙎𝙊𝙋𝙃/𝙐𝙎𝘿𝙏 on Fire — +33% Pump! Next Movement Loading?

$SOPH just delivered a monstrous candle, rising +33.84% in the last 24h to $0.0683 🔥

It peaked at $0.07498 before cooling off — all while trading 1.35B SOPH in volume 👀

This type of volatility is rare and usually indicates a trend reversal or the start of a significant upward movement. Let's analyze 👇

📈 Market Structure:

Strong bullish engulfing candle on the daily chart 🟢

Broke the previous range near $0.050–0.060 with a huge green impulse

Volume is increasing, indicating a real momentum — it's not just a fleeting pump

The price is currently consolidating below the key resistance (~$0.070–0.075)

🎯 Trading Signals:

Bullish trend above $0.07000 — breakout confirmation.

🟢 Entry: $0.07000

🎯 Target 1: $0.08000

🎯 Target 2: $0.08800

🛑 SL: $0.06200

Bearish rejection below $0.06400 — may retrace.

🔴 Entry: $0.06300

🎯 Target 1: $0.05600

🎯 Target 2: $0.05000

🛑 SL: $0.07000

🧠 Narrative Angle:

SOPH is a Layer 1 protocol and just entered Binance — initial trading often comes with high volatility. If this is the first impulse move, we might be seeing the start of a short-term price discovery phase.

💬 Caution:

The candle at $0.07498 suggests that profit-taking has already begun. Don't chase — wait for a clean retest or breakout confirmation.

🚨 This is one to watch closely — early entries here can yield significant gains if the rally continues.

SOPH

0.06918

+38.52%

SOLUSDT

Perp.

159.99

+2.45%

SOLVUSDT

Perp.

0.0451

+2.4%

#MyCOSTrade #SOPH #sophon #SOPHOnBinance #MarketPullback