$SOPH /USDT – Bullish Breakout Alert! 🚀🔥
Sophon ($SOPH) is exhibiting strong bullish momentum, breaking above key resistance levels on the 1H chart.
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📍 Current Price: $0.0708 (+37.84%)
📊 24H Range: Low: $0.04996 | High: $0.0708
📈 Trend: Strong Bullish (Higher Highs & Lows)
📉 RSI: Approaching overbought territory, indicating strong buying pressure
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🔑 Key Levels:
Support Zones: $0.0600 / $0.0550
Resistance Zone: $0.0750 (strong rejection zone)
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📈 Trade Setup:
Entry Zone: $0.0650 – $0.0700
Stop Loss: $0.0600
Take Profit Targets:
TP1: $0.0750
TP2: $0.0800
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💡 Pro Tip: A 1H or 4H candle close above $0.0750 with strong volume could signal the next leg up. Scalp traders can look for long entries near the $0.0650–$0.0700 zone with tight stop-losses.
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⚠️ Risk Management: Always use stop-loss orders to manage risk. Monitor volume and RSI levels to avoid entering overbought conditions.
