$SOPH /USDT short tread signal 🚦 🔴
SHORT TRADE SIGNAL – REJECTION FROM LOWER HIGH, BEARS IN CONTROL!
$SOPH has failed to hold above the $0.05200 zone, forming a lower high at $0.05231 followed by a sharp sell-off. The price has broken below key short-term support and is currently trading around $0.05078 with increased bearish candles on the 15-minute chart. Momentum is fading, suggesting a potential continuation to the downside.
Trade Setup (SHORT):
Entry Price: $0.05070 – $0.05120
Target 1: $0.04940
Target 2: $0.04800
Stop Loss: $0.05250
Why Short?
After a failed breakout attempt, the price reversed sharply and made a lower high, confirming a bearish structure. Volume has decreased on bullish attempts while red candles dominate recent action. If it breaks below $0.05050 decisively, a clean drop to previous support levels is likely.
Risk Management Tip:
Always honor your stop loss and consider trailing it once price hits Target 1. Don't add to losing positions — wait for confirmation before scaling in.
Don’t let this breakout trap reverse on you — enter wisely, exit profitably!
Ride the red wave while momentum favors the downside — the early bears always win!
Sell and Trade here on $SOPH
