$SOPH /USDT STRONG BULLISH MOMENTUM – TARGETING NEW SHORT-TERM HIGHS!
$SOPH is currently trading at $0.05301 with a 7.05% daily gain after bouncing off the $0.04736 support zone. Price action shows a strong recovery with increasing volume (297M+) and higher lows on the hourly chart. Now pressing into the $0.055+ zone, SOPH appears ready to test its next resistance levels.
Trade Setup (LONG):
Entry Zone: $0.05250 – $0.05350
Targets:
TP1: $0.05680
TP2: $0.06000
Stop Loss: $0.04900
Why Long?
After rejecting the $0.047 zone, SOPH broke back above the short-term EMA and is showing a bullish continuation pattern. The rising volume confirms buying pressure is returning, and price looks poised to revisit recent highs near $0.060.
Risk Management Tip:
Maintain tight SL below support to limit downside. Take partial profits at TP1 and ride the trend with a trailing stop for TP2.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!