🧠 $SOPH on the Verge? Low-Timeframe Surge Catches Eyes
Current Price: $0.03855
1H MA Levels:
MA 20: $0.0381
MA 50: $0.0367
MA 200: $0.0329
🎯 Targets:
🎯 Target 1: $0.042
Intraday resistance hit twice recently
Needs strong volume to flip this level
🎯 Target 2: $0.048 – $0.050
Local high from late June
Psychological level and short-term bullish confirmation
🎯 Target 3: $0.060 – $0.065
June supply zone
Would signal a full reversal of the last downtrend if broken with momentum
🔍 Technical Read:
Price is attempting to break above MA 200 on the hourly, signaling a shift in trend
Sharp spikes suggest whale accumulation or news-based volatility
Structure forming a potential cup-and-handle on micro timeframes
⚠️ Not financial advice. In fast-moving setups like this, managing risk and using stops is essential.
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