$SOPH USDT – CONSOLIDATION AFTER SPIKE, LONG SETUP LOADING?
$SOPH just printed a massive vertical wick to $0.04408, followed by a healthy cooldown. Price is now stabilizing around the 25 EMA ($0.0386), suggesting a possible base for the next leg up.
🔸 Strong volume spike to new local high
🔸 MA(99) acting as dynamic support at $0.0364
🔸 Bullish structure forming with higher lows intact
Bullish Long Trade Setup:
• Entry Zone: $0.0380 – $0.0386
• Stop Loss: Below $0.0360
• Target 1: $0.0415
• Target 2: $0.0440
• Target 3: $0.0468+
If $SOPH can maintain above MA(25) and reclaim the $0.0390 zone, we may see bulls return with force. Monitor volume for confirmation.