$SOPH /USDT bull run alert ๐ข
BULLISH REVERSAL SIGNAL โ DEMAND ZONE HOLDS STRONG!
After testing the local low at $0.04984, $SOPH has shown a strong rejection from the bottom with a bullish engulfing pattern forming on the 15-minute chart. The price is recovering after a consistent sell-off, signaling a potential reversal from oversold conditions. Volume is stabilizing, and buyers are stepping in near the key support.
Trade Setup (LONG):
Entry: $0.05020 โ $0.05070
Target 1: $0.05200
Target 2: $0.05350
Stop Loss: $0.04940
Why Long?
Price has bounced off the 24h low and is building higher lows in the lower time frame. If momentum sustains above $0.05070, this move can develop into a short-term bullish rally targeting resistance at $0.053+. Short covering and fresh demand suggest upside potential.
Risk Management Tip:
Use a tight SL just under $0.04940 to minimize risk. If the price drops back below this, trend remains weak. Monitor the next 30-minute close for confirmation.
Donโt let this breakout catch you off guard โ smart entries now can lead to sharp upside gains!
This is your window โ enter early and ride the reversal while the wave is fresh!
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buy and trade here on $SOPH