$SOPH /USDT short trade signal 🔴
BEARISH DROP AFTER STRONG REJECTION FROM $0.07498! 🔻
$SOPH experienced a sharp pullback after topping out at $0.07498, failing to sustain momentum above key resistance. The price has now retraced nearly 18%, finding short-term support near $0.05741. Buyers attempted a weak bounce, but the structure remains bearish unless reclaimed above $0.065.
🔻 Trend Pressure:
Rejection from top near $0.075
Lower highs forming – bearish pressure increasing
Support zone: $0.05700 – if broken, may head toward $0.050
📉 Market Outlook:
Momentum has clearly shifted in favor of sellers. Watch closely for either a breakdown below $0.057 or a reclaim of $0.065 for potential reversal signs. Current volume also suggests cautious sentiment.
📌 Pro Tip:
Avoid chasing bounces. Wait for structure reclaim or fresh support test before positioning again.
buy and trade here on $SOPH
