$SOPH /USDT BEARISH BREAKDOWN – PRICE STRUGGLES NEAR LOCAL SUPPORT!

$SOPH is currently trading at $0.05127 after failing multiple attempts to sustain above the $0.05350 level. The 15-minute chart shows a consistent pattern of lower highs and a sharp decline in bullish momentum. Price is consolidating just above the $0.05100 level, hinting at possible breakdown continuation.

Trade Setup (SHORT):

Entry: $0.05130 – $0.05200

Target 1: $0.05020

Target 2: $0.04880

Stop Loss: $0.05300

Why Short?

Repeated rejections near upper resistance and a clear shift in momentum indicate growing seller dominance. The lack of strong volume on recovery attempts and narrow consolidation suggest a possible flush below $0.05100 support. If the structure breaks, selling pressure could intensify.

Risk Management Tip:

Keep SL tight — if price reclaims $0.05300 with volume, invalidate the short setup. Consider partial profits near first target and trail down for safety.

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