$SOPH Holding Highs – Ready for Continuation or Due for a Pullback?
SOPH is currently trading at $0.03508, showing steady upward momentum and holding just below intraday resistance. Volume remains healthy, indicating growing interest as the price attempts a continuation breakout.
Key Levels to Watch
• Resistance Zone: $0.03520 – $0.03560
A clean break above this zone may confirm bullish continuation into higher territory.
• Support Zone: $0.03480 – $0.03430
If support fails, a short-term correction could take place.
Trade Setup – Trend Holding with Strong Structure
Bullish Scenario
A breakout above $0.03560 could lead to further upside targeting:
• TP1: $0.03620
• TP2: $0.03710
Bearish Scenario
A drop below $0.03430 may trigger downside action toward:
• TP1: $0.03380
• TP2: $0.03310
Price is consolidating in a tight range near highs. Breakout traders may watch for a strong volume spike to confirm continuation or reversal.