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Summary
• Sophon/Tether (SOPHUSDT) formed a bullish engulfing pattern near 0.01354, suggesting potential upward momentum.
• Price tested key support at 0.01332 and 0.0134, with a 20-period MA (5-min) crossing above the 50-period MA.
• Volatility expanded after 0.0134, with Bollinger Bands widening and price near the upper band around 0.01368.
• Turnover surged in early morning ET, reaching $15,715 at 11:15 ET, while volume spiked over 1.1M at 17:00 ET.
• RSI signaled overbought conditions above 0.01366 and oversold below 0.01338, with no clear divergence observed.
Sophon/Tether (SOPHUSDT) opened at 0.01348 on 2026-01-17, rose to a high of 0.01373, and fell to a low of 0.01325, closing at 0.01356 on 2026-01-18. Total volume was 11,496,370, and notional turnover amounted to $157,158.44 over 24 hours.

Looking ahead,
may consolidate near 0.01355-0.0136 if buyers hold key Fibonacci levels. Traders should monitor volume at 0.0134 for potential breakdowns and consider managing risk with stop-loss placements near 0.01335, as volatility remains elevated.Descifrar los patrones del mercado y desarrollar estrategias de negociación rentables en el ámbito de las criptomonedas.
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