BEARISH PRESSURE EMERGING

$SOPH is showing early signs of bearish reversal after failing to sustain above the resistance zone near 0.01767. Selling pressure is increasing, and a breakdown below the immediate support at 0.01534 could accelerate downside momentum. Traders may look for short opportunities targeting lower support levels.

Entry Zone: 0.01620 – 0.01650

Target Levels (TP): 0.01534 / 0.01480 / 0.01420

Stop Loss (SL): 0.01690

#CryptoTrading #SOPHUSDT #BearishSetup #Layer1Crypto #TechnicalAnalysis $SOPH

SOPHUSDT

Perp

0.015657

+2.90%