$SOPH Volatility Expansion & Reversal Signal
SOPH just delivered a sharp V-shaped reversal after a prolonged downtrend, printing a strong bullish daily candle with heavy volume. The aggressive wick to the upside shows demand stepping in decisively near the 0.011–0.012 zone, invalidating the previous bearish structure. As long as price holds above the breakout base, this move looks like a momentum shift rather than a one-candle spike, with room for continuation toward higher resistance levels.
Trade Setup: Entry Zone: 0.01650 – 0.01720
Take Profit: 0.01980 – 0.02150
Stop-Loss: 0.01480
