$SOPH long — Strong reversal momentum, targeting $0.00170 🚀
SOPH is showing impressive bullish momentum, pumping over +18% today and reclaiming all key moving averages on the 1H chart. The price is currently consolidating just below its local high of $0.00162 with a strong volume surge. The order book confirms buyer dominance with a 60% bid wall. A clean 1H close above the $0.00152 resistance will confirm the continuation of the uptrend.
Entry: 1H close above $0.00152
SL: Below $0.00140 (Under MA 7 support)
Target 1: $0.00162 (24h High)
Target 2: $0.00170
If $0.00140 breaks down, the setup is invalid — cut your losses.
$SOPH
DYOR. NFA. Always use strict risk management.
#SOPH #Sophon #TradeIdea #IMPACTbyTrade
SOPH is showing impressive bullish momentum, pumping over +18% today and reclaiming all key moving averages on the 1H chart. The price is currently consolidating just below its local high of $0.00162 with a strong volume surge. The order book confirms buyer dominance with a 60% bid wall. A clean 1H close above the $0.00152 resistance will confirm the continuation of the uptrend.
Entry: 1H close above $0.00152
SL: Below $0.00140 (Under MA 7 support)
Target 1: $0.00162 (24h High)
Target 2: $0.00170
If $0.00140 breaks down, the setup is invalid — cut your losses.
$SOPH
DYOR. NFA. Always use strict risk management.
#SOPH #Sophon #TradeIdea #IMPACTbyTrade