SOPH/USDT – Long Trade Setup
SOPH/USDT is currently showing strong bullish momentum. After rebounding from key support levels, the price has moved above the short- and mid-term moving averages. Rising volume and consistent higher lows indicate that buyers are taking control.
📈 Trade Setup:
Entry Range: 0.04450 – 0.04520
Stop Loss: 0.04160
Targets:
• TP1: 0.04780
• TP2: 0.04950
💼 Risk Management:
Use only 2–3% of your wallet balance
Recommended Leverage: 10x
🔎 Market Outlook: All key moving averages (MA 7, MA 25, and MA 99) are trending upwards, confirming the bullish sentiment. The price has broken above previous resistance levels and is holding strong. As long as SOPH stays above 0.0440, there’s potential for it to retest recent highs and possibly go further.
This could be a solid opportunity for momentum traders looking for short-term gains in a strong trend.
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