sophplan

At 0.00152 (-30.594% 24h) $SOPH sits a hair above the 0.0015 support on the 48×1h chart.

Contrarian read: price trades below EMA20 and EMA50 while MACD and RSI skew bearish, yet volume is muted (volRatio 0.63). TradePlan is RANGE — wait for a clean break above 0.00256 or a clear rejection at 0.0015; ATR14 ~0.0002743 signals wide swings.

Does a decisive 1h close below 0.0015 invalidate the range?

↔ RANGE watch
Support: 0.0015000 | Resistance: 0.0025600
Bull scenario: confirmation above resistance
Bear scenario: confirmation below support
Entry: N/A | TP1: N/A | TP2: N/A | TP3: N/A | SL: N/A
No confirmed trade until a breakout or rejection.

Not financial advice.

#SOPHPlan #ReadTheChart #RangeTradingNotes