$SOPH /USDT BUILDING SUPPORT FOR A POTENTIAL REVERSAL
$SOPH is currently showing signs of early accumulation after a prolonged downtrend. The 4H chart reveals a slow climb from the $0.047 zone with higher lows forming, while the 1H chart confirms a retest of the local demand zone near $0.0505ā$0.0510. Buyers are starting to show interest again.
š Key Market Data:
Price: $0.0512 (+0.67%)
24H High: $0.05465
24H Low: $0.05018
Volume (SOPH): 250M+
Order Book Sentiment: 80%+ buyers dominating
š Bullish Setup (Speculative Entry):
Entry Zone: $0.0500 ā $0.0512
TP1: $0.0538
TP2: $0.0565
TP3: $0.0600
Stop Loss: $0.0484
The upward grind indicates potential for a short-term bounce, $SOPH but confirmation above $0.05465 is needed for momentum to accelerate.
