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SOFI
Long Entry 27.9800 2025-09-28 01:03 UTC
Target 33.0000 Fail 24.0000
Risk/Reward 1 : 1
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SOFI
Stocks
Technical
1H
Analysis Predict Range Market
The analysis focuses on SOFI Technologies. Previously, the analyst predicted a breakout through all-time highs around $28.26, stemming from a cup and handle formation on the weekly chart. This led to an acceleration to the $30.30 level. Currently, at $27.98, SOFI has seen over a 200% increase from the $8.50 level, but is now overextended. The analyst anticipates a minor pullback with $25.00 acting as a support zone. It's unlikely to drop below $20.00. Price may experience resistance around $28.26 and continue to battle with some potential resistance from previous all-time highs before breaking down. Some bullish movement remains possible. $25.00 is cited as being a solid support level.
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