#SOPHUSDT Market Update – Bullish Structure in Play!
SOPH just flipped bullish on the 30-min chart! Here's the breakdown in simple terms:
🔸 Trend Reversal Confirmed
After a long downtrend, SOPH broke structure and shifted to bullish with strong price action from the $0.058–$0.060 demand zone.
🔸 Smart Money Accumulation
Price grabbed liquidity below $0.052, then pumped hard — a classic move by smart money to trap sellers and fuel the rally.
🔸 Weak High at $0.076
The recent high looks weak and might get taken out soon. Price is consolidating just below it — a sign of strength.
🔸 Next Moves to Watch:
Holding above $0.060 = bullish bias stays strong
Retest and bounce from $0.060–$0.058 zone = ideal entry
Targeting above $0.076, maybe even $0.080+ in the coming hours
If SOPH drops below $0.058, we’ll watch the $0.050–$0.047 zone for the next strong support.
Smart Money Playbook: Accumulation → Manipulation → Expansion
Stay sharp & watch the zones closely!
Note: this is Not Financial Advice so DYOR
SOPH just flipped bullish on the 30-min chart! Here's the breakdown in simple terms:
🔸 Trend Reversal Confirmed
After a long downtrend, SOPH broke structure and shifted to bullish with strong price action from the $0.058–$0.060 demand zone.
🔸 Smart Money Accumulation
Price grabbed liquidity below $0.052, then pumped hard — a classic move by smart money to trap sellers and fuel the rally.
🔸 Weak High at $0.076
The recent high looks weak and might get taken out soon. Price is consolidating just below it — a sign of strength.
🔸 Next Moves to Watch:
Holding above $0.060 = bullish bias stays strong
Retest and bounce from $0.060–$0.058 zone = ideal entry
Targeting above $0.076, maybe even $0.080+ in the coming hours
If SOPH drops below $0.058, we’ll watch the $0.050–$0.047 zone for the next strong support.
Smart Money Playbook: Accumulation → Manipulation → Expansion
Stay sharp & watch the zones closely!
Note: this is Not Financial Advice so DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.