$SOPH
TECHNICAL ANALYSIS (BINANCE)
Market structure shows a bullish continuation after a higher low formation on the 1H timeframe. Strong bullish candles indicate renewed buying momentum, and price is pushing above the recent consolidation zone, signaling further upside potential.
Bullish trade setup:
Entry zone: 0.01330 – 0.01345
Target 1: 0.01420
Target 2: 0.01480
Stop loss: 0.01290
Market outlook: SOPHUSDT has broken out of short-term consolidation with strength. As long as price holds above the breakout zone, bullish momentum is expected to continue toward the next resistance levels.
Risk management: use proper position sizing, keep risk per trade limited, and avoid over-leverage in volatile conditions.
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