$SOPH is carving out a solid recovery bounce after successfully defending local lows, presenting a clean opportunity to open a long trade.
Entry: 0.001680 – 0.001758
TPs: 0.001920 | 0.002080 | 0.002220
SL: Below 0.001550
Why Long?
The token is bouncing back with strong momentum after holding the 0.001611 support base, currently changing hands at 0.001758.
On the 1-hour chart, the MACD indicator has printed a bullish crossover with green histogram bars starting to expand near the zero line.
The RSI stands at a balanced 53.7, reflecting steady buying interest as bulls eye a push toward the 0.002222 overhead resistance ceiling.
Entry: 0.001680 – 0.001758
TPs: 0.001920 | 0.002080 | 0.002220
SL: Below 0.001550
Why Long?
The token is bouncing back with strong momentum after holding the 0.001611 support base, currently changing hands at 0.001758.
On the 1-hour chart, the MACD indicator has printed a bullish crossover with green histogram bars starting to expand near the zero line.
The RSI stands at a balanced 53.7, reflecting steady buying interest as bulls eye a push toward the 0.002222 overhead resistance ceiling.