#SOPH

✅ Trade Setup: Long Position

Potential Entry Strategy

If you are looking to enter a long position, consider:

Wait for confirmation of a reversal:

Bullish crossover in MACD

RSI bouncing off 30–35 and moving upward

Candle close above EMA(25) and EMA(99) (i.e., > 0.0600)

🎯 Entry Zone:

0.0570 – 0.0573 USDT

(Current price: 0.05727)

> Enter close to support, as price appears to be stabilizing just above the recent low.

🔒 Stop-Loss:

0.0549 USDT

> Below the recent swing low (0.0554), to protect against breakdowns.

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🎯 Take-Profit Targets:

1. TP1: 0.0600 USDT (EMA25 and 99 zone – likely resistance)

2. TP2: 0.0640 USDT (prior consolidation zone)

3. TP3: 0.0700+ USDT (if momentum continues, but high risk)