My Analysis: Price bounced from 0.0088 lows, now holding above MA25 (0.00959) and testing MA7 (0.00936) as support. MA99 (0.01100) overhead resistance. Volume picking up on green candles, showing recovery interest after downtrend. Bullish if reclaims 0.010+ with conviction; range-bound for now but upside potential if holds support. Solid R:R ~1:3+ on dips.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SOPH
Entry Zone: 0.00950 – 0.00980
Targets:
TP1: 0.01050
TP2: 0.01120
TP3: 0.01200
Stop Loss: 0.00900
My Analysis: Price bounced from 0.0088 lows, now holding above MA25 (0.00959) and testing MA7 (0.00936) as support. MA99 (0.01100) overhead resistance. Volume picking up on green candles, showing recovery interest after downtrend. Bullish if reclaims 0.010+ with conviction; range-bound for now but upside potential if holds support. Solid R:R ~1:3+ on dips.