$SOPH /USDT SHORT TRADE ENTRY — WEAK BOUNCE, MORE DOWNSIDE LIKELY!!
After an aggressive pump, SOPH has formed a sharp rejection near the $0.08800 high and is now showing signs of weakness with consecutive red candles. The recent bounce appears weak and price action is struggling below resistance. Ideal time to catch the retracement move.
Trade Setup (Short):
Entry: 0.06494
Target (TP): 0.05212
Stop Loss (SL): 0.06913
Market Outlook:
Volume is fading and lower highs are forming — a classic setup for short continuation. A break below $0.06372 can trigger a strong drop.
Pro Tip:
Never chase green candles. Let the hype settle — fading euphoria often gives the cleanest short entries!