$SOPH Trade Setup Overview🚨📉

Entry Zone: $0.04300 – $0.04350

Take Profit Levels:$SOPH

Take Profit 1: $0.04500

Take Profit 2: $0.04700

Take Profit 3: $0.05000

Stop Loss: $0.03990

Reasons for Interest

Bullish Engulfing Candle: This pattern indicates strong buying pressure, especially after a local bottom, suggesting a potential reversal.

Order Book Strength: With approximately 60% of the order book favoring buyers, there’s a solid foundation for upward movement.

Bounce Potential: The setup hints at either a dead-cat bounce or a full recovery to previous levels, which could lead to significant gains.

Trade here on $SOPH