$SOPH /USDT short trade signal 🚦 🛑
BEARISH SETUP – SELLERS STRIKING BACK HARD! 🔻
After a relief bounce from the $0.05020 low,
$SOPH faced strong rejection near $0.05380 and is now struggling below key resistance. With a current price of $0.05218, momentum has flipped bearish once again, indicating another possible leg down toward support.
📉 Trade Setup: Short
Entry Zone: $0.05200 – $0.05250
Take Profits: $0.05050 / $0.04800 / $0.04500
Stop Loss: $0.05380
📊 Market Outlook:
Resistance is firmly placed at $0.05800 while support sits at $0.05000. A failed breakout and long upper wick confirm bearish exhaustion. The selling pressure is dominating, with over 61% in ask-side volume.
⚠️ Risk Management:
Stick to tight SL, don’t chase the move. If $0.05380 breaks again, this setup is invalidated. Manage position sizing smartly.
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🔥 Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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$SOPH