$SOPH Tight Compression Before the Pop!
SOPH is trading at $0.03558, consolidating just below resistance after a recovery from local lows. The current setup is coiled for a decisive move — either continuation or reversal. Volume is picking up; breakout could be swift.
Resistance:
• $0.03590 – $0.03630
Support:
• $0.03510 – $0.03420
Trade Setup:
Bullish Entry:
Break above $0.03630
• Target 1: $0.03720
• Target 2: $0.03810
• Final Take: $0.03960
Bearish Entry:
Break below $0.03420
• Target 1: $0.03320
• Target 2: $0.03230
• Final Take: $0.03090
Price action is compressing with clear boundaries – wait for a clean breakout candle before committing.