The analysis focuses on SoFi's price action within a longer-term resistance trend originating from a 32.73 peak. On an hourly timeframe, SoFi recently tested a minor resistance at 27.62, subsequently pulling back to use the previously broken resistance as support. The current price stands at 27.35, pressing against a longer-term resistance line. The prediction anticipates a breakout above this resistance, with potential targets at 28.60 and 30.00. Should this bullish scenario materialize, the price is expected to retest 28.60 before attempting a move towards 30.00. Alternatively, a breakdown from the current level would likely find support at 26.31. On a weekly scale, SoFi has been trading within a range between 32.73 and 22.00, demonstrating thinning price action and reduced control following a dilution event. A sustained move to the top of this range, revisiting all-time highs, is suggested. For the broader market, as represented by SPY, the analysis notes a positive daily close after sellers attempted to push the price down. The overall market shows buyers stepping in after a smaller pullback, forming a higher low and indicating a push towards all-time highs around 687.67. This bullish market sentiment is expected to aid SoFi's potential upward movement. A failure to hold above 26.31 for SoFi would invalidate the immediate bullish outlook, while a rejection for SPY below 675.00 would negate the broader market's bullish projection.