The rebound will happen again from the bottom ❗🚀🚀 $SOPH PH is a clean reversal setup from the 0.043 area after a sharp decline, and now it's climbing +6.78% on the 4H chart. With increasing buying pressure (65% dominance in the order book), bulls are gearing up to reclaim the next level of 0.050.
📊 Trade Setup (Rebound Play):
• Entry Area: $0.0464 - $0.0468
• Take Profit 1: $0.0485
• Take Profit 2: $0.0509
• Stop Loss: $0.0442
The price is approaching minor resistance - watch for a candle close above 0.0475 to confirm the next leg up.