$SOPH /USDT Attempting to Hold Support — Eyes on $0.052 Zone 📊
SOPH is showing signs of indecision around the $0.050 support zone. After a bounce from $0.04774 and a failed retest of $0.055, the 4H chart reveals a tug-of-war between bulls and bears. MA(7) and MA(25) are close, suggesting a possible consolidation breakout ahead. Price is hovering just above a key short-term support — any strength above $0.0515 could reignite bullish sentiment.
Now is the time to prepare your trading strategy.
📈 Trade Plan (Swing Setup)
• Entry Zone: $0.0498 – $0.0505
• Take Profit 1: $0.0520
• Take Profit 2: $0.0542
• Take Profit 3: $0.0558
• Stop Loss: $0.0472
Watch for a strong bullish candle above $0.0515 for confirmation.
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