$SOPH /USDT BULLISH REVERSAL SIGNAL 🔥 OVERSOLD BOUNCE INCOMING!
$SOPH has crashed hard, shedding nearly 13% to hit a new low at $0.05583. But bulls are showing life with a fresh green candle, signaling a potential bottoming-out. With price now at $0.05683, a short-term recovery bounce could be underway.
KEY LEVELS TO WATCH:
Support: $0.05583 (24h Low)
Resistance: $0.05742 → $0.05948
Current Price: $0.05683
📈 TRADE SETUP (LONG):
Entry Zone: $0.05650 – $0.05700
Take Profit: $0.05742 / $0.05948 / $0.06153
Stop Loss: $0.05530
📊 RISK MANAGEMENT:
As this is a high-volatility reversal play, use a tight SL. Risk only 1%–1.5% of capital per trade and monitor closely for bullish confirmation.
🟢 After a heavy sell-off, SOPH is flashing signs of reversal — bulls may look to reclaim ground fast if $0.05742 breaks!
#Write2Earn! #TradingTypes101 #ElonMuskDOGEDeparture #BinanceAlphaAlert