$SOPH /USDT โ Bounce Incoming or Breakdown? #SOPH
๐ buy and trade here ๐
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Trade Setup
โข Entry Zone: 0.04000 โ 0.04050
โข Stop Loss: 0.03920
๐ฏ TP1: 0.04200
๐ฏ TP2: 0.04400
๐ฏ TP3: 0.04680
$SOPHย is consolidating near key support after a steady downtrend. A potential bounce play is forming, but if the support breaks, expect further downside. Bulls need volume push above immediate resistance to flip structure.
Key Levels
โข Resistance: 0.04250
โข Support: 0.03959
Pro Tip: Watch for bullish engulfing candles or volume spike from support for confirmation.
เฅThis is a high-risk bounce trade โ ideal for scalping or quick gains. Not financial advice โ always DYOR! ๐
#TrumpTariffs #MarketPullback #SECProjectCrypto #TradingTales $XRP $SOPH