$SOPH – STRONG SELLING PRESSURE, SUPPORT UNDER THREAT
$SOPH has reversed sharply from the 0.04302 high, breaking multiple intraday supports and now testing the 0.04030 level. Heavy red volume confirms strong bearish momentum, and a breakdown below 0.04030 could accelerate the fall toward 0.04000–0.03960. Any rebound attempt is likely to face resistance near 0.04080–0.04130.
Trade Setup: SHORT below 0.04030, TP: 0.04000 / 0.03960, SL: 0.04085.
If bears maintain control, expect further downside pressure in the short term.
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