$SOPH Tight Range Battle! Bulls Prepping for a Break?
SOPH/USDT is locked in a narrow range near $0.04170 after reclaiming strength from earlier lows. Buyers are gradually stepping in, but the price is still capped below short-term resistance. Volume remains steady, hinting at an imminent move.
Key Levels to Watch:
• Resistance: $0.04200 – A breakout above this level could trigger upward momentum.
• Support: $0.04150 – Losing this base could invite quick downside pressure.
Trade Setup – Momentum Loading or Fading?
• Bullish Entry: Break and hold above $0.04200
• Target 1: $0.04260
• Target 2: $0.04340
• Bearish Entry: Drop below $0.04150 with increasing volume
• Target 1: $0.04080
• Target 2: $0.03990
The current pattern shows signs of compression—stay alert for a volatility spike. The order book leans bullish, but confirmation will be key before entering either side.
