$SOFI - Reversal signal is not clear yetNASDAQ:SOFI dropped to a loading zone and then bounced. It formed a hammer pattern on the weekly chart.
The $16 to $17 range marks a key resistance zone, and breaking above it would signal bullish momentum.
On the downside, $13 serves as a critical support level. If it fails to hold, we might see a pullback to $11.