SOFI 4-Hour — “Measured-Move” Breakout Toward $20.8 → $22Structure: Price broke out of a year-long falling-wedge and then punched through an ascending trend-line confluence at ≈ $17.00–$17.50.
Impulse Leg (Yellow): The vertical rally that followed is ≈ $3.75 tall. Projecting that height from the breakout pivot ($17.00) gives 100 % extension = $20.78.
Target Zone (Violet Box): $20.8 – $22.0 aligns with
100 % measured-move projection
Prior all-time swing high (~$20.5, Jan-2024)
A thin volume-profile “air pocket” between $19 and $22 (little resistance until the upper edge).
Next Level Up: 127.2 % fib extension sits at $24.15—that becomes the stretch target only if $22 is cleared decisively.
