🚨 $SOPH /USDT – Layer 1 Gainer +6.07%! Is This the Start of a Bigger Breakout? 🔥

$SOPH has surged over 6% today, drawing trader interest as volume picks up and price nears key resistance. Could this be the beginning of a breakout—or a trap?

📊 Market Overview

📍 Current Price: $0.04335

📈 24h High: $0.04436

❄️ 24h Low: $0.04013

📦 24h Volume (SOPH): 223.17M

💰 24h Volume (USDT): $9.39M

📉 Technical Snapshot:

EMA Trend: Bullish alignment – buyers in control

Bollinger Bands: Testing upper band – volatility expanding

MACD: Positive crossover – momentum building

📈 $SOPH Trade Setup – Key Levels to Watch

🔹 Bullish Scenario (If $sophHolds Above $0.04300):

Entry: Above $0.04350

Targets: $0.04480, $0.04650, $0.04900

Stop-Loss: $0.04200

🔹 Bearish Scenario (If $sophFalls Below $0.04200):

Entry: Below $0.04200

Targets: $0.04050, $0.03900, $0.03750

Stop-Loss: $0.04350

🔍 SOPH Trading Insights

✅ Price structure shows higher highs and higher lows

✅ Strong volume supports bullish continuation

⚠️ Resistance at $0.04436 must break for next leg up

💡 Pro Tip:

If $sophreclaims $0.04450 with volume confirmation, a breakout toward $0.049+ could accelerate quickly. Set alerts and watch the tape!

📢 What’s your take—breakout incoming or false alarm? Let us know below! 👇

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