๐จMARKET UPDATE: $SOPH ๐ฃ
$SOPH is currently consolidating within a symmetrical triangle on the 1-hour chart โ a classic pattern reflecting decreasing volatility and market indecision.
โ ๏ธ The price is nearing the apex, which often precedes a sharp breakout.
๐ Bullish Scenario: A breakout above the upper trendline may ignite upward momentum.
๐ Bearish Scenario: A breakdown below the lower trendline could lead to further downside.
๐ Watch for a volume surge to confirm the direction of the breakout.
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