$SOPH /USDT – BULLISH CONSOLIDATION NEAR RESISTANCE BREAKOUT ZONE
$SOPH is trading at $0.04183 (+1.31%), showing strength near the upper end of its recent range. With increasing volume (6.26M USDT) and a strong recovery from the $0.03850 low, the setup leans bullish, suggesting a possible breakout above resistance if momentum continues.
🔍 Key Technical Levels
Resistance:
• $0.04250 – 24h high / breakout level
• $0.04400 – Next major resistance if breakout confirms
Support:
• $0.04050 – Immediate support
• $0.03850 – Strong base & 24h low
🟢 Long Trade Setup
Entry Zone: $0.04150–0.04190 (on confirmation candle)
Stop Loss (SL): $0.03980 (below structure)
Take Profit (TP):
• TP1: $0.04380
• TP2: $0.04500
• TP3: $0.04750
⚠️ Risk Management
Risk only 1–2% per trade
If price breaks below $0.03850, re-evaluate bias
Tighten stop after TP1 or on 1H candle rejection above $0.04350
> ⚠️ Watch for volume spike near $0.04250 – a breakout with volume can trigger a rapid move up.#EthereumTurns10 #DELABSBinanceTGE $SOPH
