$SOPH Breakout Heating Up – Will the Bulls Take Over?
$SOPH is showing strong upward pressure, up nearly 14% with increasing volume. Price is testing the recent high, and a confirmed breakout could ignite a rally – but caution near resistance is key.
Key Levels to Watch:
• Resistance Zone: $0.03716 – Breaking this could spark continuation.
• Support Zone: $0.03540 – Holding this base keeps bulls in charge.
Trade Setup – Eyes on Momentum!
Bullish Entry: Above $0.03720
• Target 1: $0.03850 (breakout wave extension)
• Target 2: $0.04000 (psychological & round-level resistance)
• Stop-Loss: Below $0.03540
Bearish Entry: Below $0.03540
• Target 1: $0.03420 (last swing low)
• Target 2: $0.03280 (support from demand zone)
• Stop-Loss: Above $0.03720
SOPH is consolidating just below resistance after a strong move up. Breakout traders are watching closely for a push through $0.03720 with volume. Stay sharp — this could go vertical or reverse fast!