Here's a simple breakdown:
*Trade Setup: $SOPH Short*
- *Entry Price:* $0.078-$0.075 (use only 2%-3% of your funds)
- *Leverage:* Low (2x-5x)
- *Targets:*
1. $0.070
2. $0.069
3. $0.068
4. $0.066
5. $0.064
6. $0.062
- *Stop-Loss:* $0.090 (close position if price reaches this level)
This setup indicates a short sell position, aiming to profit from a potential price decline. Use caution and manage your risk.