SoFi Bulls Defend Crucial Support Near $15.2 – Retail Eyes Breakout Above This Level
SoFi Technologies (SOFI) saw its stock surge nearly 12% in pre-market trading, with bulls defending a crucial support zone and eyeing a breakout above $19.6. Despite a recent sharp fall after its earnings report and a 36% year-to-date loss, retail sentiment turned "extremely bullish" following a rebound and the announcement of its new stablecoin, SoFiUSD. The company's stablecoin, backed by U.S. dollars and running on Ethereum and Solana, contributed to a 6% stock gain since its announcement.
https://www.tradingview.com/news/stocktwits:74aeb9acf094b:0-sofi-bulls-defend-crucial-support-near-15-2-retail-eyes-breakout-above-this-level/