$SOPH /USDT – BULLISH REBOUND POSSIBLE AS PRICE HOLDS STRONG ABOVE KEY SUPPORT

Immediate Market Move:

SOPH/USDT has pulled back 6.75% to $0.0366, nearing its 24h low of $0.03627, but it's showing signs of holding a crucial short-term support at $0.03612. The RSI is approaching oversold territory, and volume is still healthy with nearly 99M SOPH traded, suggesting potential buyer interest at lower levels. If the price stabilizes and reclaims $0.03676, a bullish bounce could follow toward resistance levels.

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🔹Trade Setup – LONG ENTRY:

Entry: $0.03660

Take Profit (TP): $0.03803 / $0.03940

Stop Loss (SL): $0.03580

Look for bullish candlestick confirmation on 1H or 4H timeframe for more confidence before entering.

🔸Short-Term Market Outlook:

SOPH is in a short-term downtrend but nearing an important support zone where bulls may attempt a reversal. A break above the minor resistance at $0.03739 could confirm recovery momentum. Traders should watch for volume and RSI divergence to signal a clearer upside move.

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buy and trade here on $SOPH