Buy trading signal on USDT pair ($SOPH ) 🟢
Entry point: $0.05240
Stop loss: $0.04920
Take profit:
• First profit target: $0.05480
• Second profit target: $0.05620
• Third profit target: $0.05800
Margin: 2-3% of the portfolio
Leverage: 10 times
Market short-term outlook:
The USDT/SOPH pair is experiencing a bullish breakout from the recent consolidation, stabilizing above the key support level at $0.050. Trading volume is increasing, indicating rising buying interest. The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicate further bullish momentum in the short term. Caution is advised at the resistance level near $0.056.
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Buy and trade here on $SOPH