$SOPH /USDT CONTINUES BEARISH PRESSURE — PRICE STRUGGLING TO HOLD ABOVE SUPPORT
$SOPH /USDT has been in a steep decline, dropping over 14% and now consolidating near the $0.054 zone after testing the 24h low at $0.05303. The weak bounce and lower highs on the 15-min chart indicate sellers are still in control, with no strong reversal confirmation yet.
Trade Setup (SHORT):
Entry Zone: $0.05430 – $0.05470
Targets:
TP1: $0.05350
TP2: $0.05250
TP3: $0.05130
Stop Loss: $0.05620
Market Outlook:
If price breaks below $0.053 cleanly with volume, further downside is likely. Any short-term relief rallies are expected to face resistance near $0.056. It's important to remain cautious until a clear trend reversal structure forms.
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