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Here’s Why This Trade Is Set Up for Success Right Now $SOPH Springs from the Shadows Is a Reversal Brewing❓

After a sharp dip to $0.04013 $SOPH appears to be awakening. The price is reclaiming short-term momentum on the 4H chart, with a bullish candle closing above $0.043, signaling potential for a trend shift. Buy-side pressure dominates at nearly 60%, adding weight to the recovery narrative.

Long Trade Setup (4H Timeframe):

• Entry Zone: $0.04300 – $0.04340

• Take Profit 1: $0.04510

• Take Profit 2: $0.04780

• Take Profit 3: $0.05100

• Stop Loss: $0.03980

Why This Trade Looks Interesting:

• Bullish engulfing candle forming off major local bottom

• Order book strength favoring buyers (~60%)

• Potential for a dead-cat bounce or full recovery to pre-drop levels

This setup could offer a clean ride up if momentum builds but watch for volume confirmation before diving in.