$SOPH /USDT SHORT TRADE SIGNAL – BEARISH PRESSURE AFTER REJECTION!
After failing to hold above the recent high of $0.07498, $SOPH has started forming lower highs with decreasing volume on the 30-minute chart. A clear loss of bullish momentum is visible, and the market appears to be entering a corrective phase.
Trade Setup (SHORT):
Entry Price: $0.06880 – $0.07020
Target 1: $0.06500
Target 2: $0.06130
Target 3: $0.05880
Stop Loss: $0.07260
Why Short?
$SOPH showed a sharp bullish spike earlier but failed to sustain above the $0.075 zone. Since then, sellers have taken control, with multiple rejections forming below $0.07050. The RSI shows early signs of bearish divergence, and candles are closing with wicks on top — signaling exhaustion in buying strength.
Risk Management Tip:
Always use a stop loss above the most recent wick. Never short blindly — wait for a clear breakdown confirmation below $0.06850 before entering.
Sell smart — don’t chase green candles when the trend is turning red!
buy and trade here on $soph
