$SOPH /USDT SHOWING EARLY SIGNS OF REVERSAL – BUYERS TESTING SUPPORT BASE!
$SOPH has rebounded from the $0.05150 zone after a series of lower highs and wicks to the downside. Despite recent selling pressure, buyers are stepping back in, and the 15-min chart now shows a bullish pin bar and recovery wick — hinting at a possible short-term reversal play.
Trade Setup (LONG):
Entry: $0.05200 – $0.05230
Targets:
• TP1: $0.05320
• TP2: $0.05440
Stop Loss: $0.05130
Why Long?
is still trading above the key $0.05100 support despite several tests. The volume spike during the bounce, along with previous rejection wicks from the downside, suggests bulls are protecting the zone — a breakout above $0.05250 could confirm the move.
Risk Management Tip:
Be cautious if price loses $0.05130 — below that invalidates the current bounce thesis. Trail your stop once TP1 is hit.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!