đ $SOPH /USDT â Bullish Breakout in Progress! đ
Current Price: $0.07951 (+165.03%)
đ§ Market Structure
Massive bullish candle on the 5-minute chart shows a parabolic move.
Strong volume confirms breakout strength, with 318M SOPH traded in 24H.
Price has surged from $0.03 to $0.088 and is now consolidating just below the highs.
đ Price Action Insight
Sharp vertical rally followed by a tight consolidation range.
If SOPH breaks above $0.08800 again with volume, the breakout may continue.
However, a failure to hold above $0.078â$0.080 could trigger a pullback.
đŻ Trade Setup
Entry (on confirmation): $0.081â$0.083 breakout level
TP1: $0.092
TP2: $0.099
TP3: $0.110
SL: Below $0.072
â ïž Risk Insight
After 165%+ move, risk of profit-taking is high.
Consolidation near highs is bullish only if it holds â otherwise, expect a sharp correction.
đĄ Pro Tip
Let SOPH prove continuation â breakout entries are safest on volume confirmation above local highs.
đ„ Stay alert, bulls! $SOPH is showing strong momentum, but donât FOMO in â trade the breakout, not the hype!
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