$SOPH long: 0.00165 is the 4H floor buyers have to defend 👀
This is a bounce attempt under a down daily, so the level has to do the work. I'm watching 0.001652–0.001662 hold; 0.00159 breaks and I step aside.
Why it's on my radar:
- 4H price 0.00166 sits below EMA50 0.00216, so the stop matters
- Risk 4.0% to SL vs 6.3% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a headwind, so the level has to do the work
🟢 LONG · Entry 0.001652–0.001662 · TP 0.001697 / 0.001723 / 0.001762 · SL 0.001591
Floor holds here, or 0.00159 first?
NFA · DYOR
This is a bounce attempt under a down daily, so the level has to do the work. I'm watching 0.001652–0.001662 hold; 0.00159 breaks and I step aside.
Why it's on my radar:
- 4H price 0.00166 sits below EMA50 0.00216, so the stop matters
- Risk 4.0% to SL vs 6.3% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a headwind, so the level has to do the work
🟢 LONG · Entry 0.001652–0.001662 · TP 0.001697 / 0.001723 / 0.001762 · SL 0.001591
Floor holds here, or 0.00159 first?
NFA · DYOR