SoFi Technologies (SOFI) – Prepping for Liftoff?Analysis Overview:
The chart suggests that SOFI may be setting up for a major bullish reversal, but confirmation is still needed. Let’s break it down:
Key Bullish Factors:
✅ Optimal Trade Entry (OTE)
Price is currently sitting at an OTE level, a premium zone for long setups often used by smart money. These zones historically mark powerful reversal points.
✅ Monthly Fair Value Gap (FVG) Respected
The stock tapped into a monthly FVG—a high-probability demand zone—suggesting institutional interest. A break and close above this zone would strengthen the bullish case significantly.
✅ 30 Moving Average (MA) as Confirmation
Price is still below the 30MA. A clear break and close above the 30MA would serve as the first strong confirmation that buyers are regaining control.
✅ Massive Upside Potential
If this plays out, the first target is the previous buy-side liquidity at $18.33, and if momentum sustains, we could even see a long-term move toward the all-time high at $28.54—a potential 228% gain from current levels.
What We Want to See Before Full Confidence:
🔹 Price to break and close above the 30MA
🔹 Clear displacement through the Monthly FVG
🔹 Sustained bullish volume stepping in
Conclusion:
SOFI could be gearing up for a powerful upside run, but let the market confirm it. Watch the 30MA and how price behaves around the FVG. If those get respected and price pushes higher—this could be a sleeper play to watch in 2025.
🧠 As always... DYOR (Do Your Own Research)!
