SOPH sits near the 4‑hour bullish CHoCH, price just 0.8% under the recent swing high, ready to flip.
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🟢 $SOPH LONG 📈
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📍 Entry Range: $0.001379 – $0.001381
🛑 Stop Loss: $0.001339 (-3.0%)
🎯 TP1: $0.001401 (+1.5%)
🏆 TP2: $0.001449 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The market structure broke higher (CHoCH) while CVD turned positive, confirming buying pressure. A fair value gap aligns with an order block, creating a POI where OB and FVG overlap, giving the 64% confidence read.
A 3.0% stop is moderately tight; use no more than 5× leverage to stay within the risk.
Take partial profit at the first target around 1.7 R, roughly 1.6% upside.
As always: manage your risk, this is not financial advice 🙏
$SOPH #SOPHUSDT #THORChain #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🟢 $SOPH LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.001379 – $0.001381
🛑 Stop Loss: $0.001339 (-3.0%)
🎯 TP1: $0.001401 (+1.5%)
🏆 TP2: $0.001449 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke higher (CHoCH) while CVD turned positive, confirming buying pressure. A fair value gap aligns with an order block, creating a POI where OB and FVG overlap, giving the 64% confidence read.
A 3.0% stop is moderately tight; use no more than 5× leverage to stay within the risk.
Take partial profit at the first target around 1.7 R, roughly 1.6% upside.
As always: manage your risk, this is not financial advice 🙏
$SOPH #SOPHUSDT #THORChain #TradingSignals #Write2Earn