🔷 $SOPH
– SOPHUSDT (Perpetual Futures)
Price: $0.031481
Change (24h): +2.17%
Status: Mild uptrend – Consolidating under resistance
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📊 Key Trading Data:
24h High: $0.031685
24h Low: $0.030651
Mark Price: $0.031481
24h Volume (SOPH): 355.89M
24h Volume (USDT): $11.06M
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📉 Support & Resistance Levels:
Immediate Resistance: $0.03169 (24h high – tight lid)
Next Resistance: $0.03239–$0.03250 (minor breakout zone)
Support 1: $0.03129
Support 2: $0.03065 (24h low – structure support)
Support 3: $0.03056 (near psychological)
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📈 Volume & Moving Averages:
Vol (Recent): 14.99M
MA(5): 15.88M
MA(10): 13.03M
📌 Volume is stable, just under MA(5) but above MA(10) → suggests neutral to slightly bullish pressure.
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🧠 Technical Insight:
SOPH is attempting a slow grind upward, facing short-term resistance at $0.0317. The price is near the top of its 24h range, but not convincingly breaking out yet. Support is well-defined near $0.03065–$0.03056, giving dip-buyers a favorable risk-reward zone.
No explosive move yet, but structure supports continuation if volume increases.
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🎯 Trade Setups:
📈 Breakout Trade:
Entry: $0.03170+ (on breakout + uptick in volume)
TP1: $0.0324
TP2: $0.0330
SL: $0.0312
🔁 Pullback Buy:
Entry Zone: $0.03065–$0.03090
TP: $0.03160
SL: $0.03030
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📌 Summary:
$SOPH is pressing against resistance with a healthy trend and stable volume. While no clear breakout yet, dip buys near $0.0306 remain valid. A break above $0.0317 on strong volume could ignite momentum toward $0.0325+.
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⚡ Bias: Mild Bullish – Watching for breakout or pullback entry
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