$SOPH /USDT – OVERSOLD BOUNCE IN PROGRESS
BOUNCE FROM LOCAL SUPPORT AT $0.0314
EARLY BUYING PRESSURE SPOTTED
MOMENTUM BUILDING AFTER DEEP PULLBACK
After retracing from the $0.03808 high, SOPH found support at $0.03142 and is now showing signs of recovery with small bullish candles forming and volume stabilizing.
🟢 LONG TRADE SETUP
Entry: $0.0323 – $0.0326
Take Profit: $0.0348
Stop Loss: $0.0313
Market Outlook:
The worst selling pressure appears to be over. A move above $0.0334 may confirm trend reversal. Bulls eye the $0.035+ level on reclaim.
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