$SOPH Mid-Range Compression Signals Upcoming Move

SOPH is currently trading at $0.04353, up by 2.71% today. After rebounding from the recent dip, price action is now consolidating within a narrow band. Buyers dominate the order book, hinting at potential upside — but confirmation is still needed.

Key Levels to Watch

Resistance: $0.04400 – A breakout above this level could pave the way toward $0.04480 and $0.04550

Support: $0.04300 – Failure to hold may drag the price down to $0.04220 and $0.04130

Trade Setup – Compression Near Pivot Level

Bullish Entry: Break and close above $0.04400

• TP1: $0.04480

• TP2: $0.04550

Bearish Entry: Breakdown below $0.04300

• TP1: $0.04220

• TP2: $0.04130

SOPH is consolidating near key resistance with bullish order flow building. Traders should watch for a confirmed move to capitalize on the next directional leg. Risk control is essential in this tightening range.

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