š $SOPH /USDT Short Trade Setup
Current Price: $0.04391
Trend: Bearish
Type: Short (Sell)
š» Entry:
Entry Zone: $0.04420 ā $0.04380 (ideal short entry range)
šÆ Targets:
T1: $0.04260
T2: $0.04120
T3: $0.03950
š Stop Loss:
SL: $0.04560 (above 24h high for risk protection)
š Key Level:
Resistance Zone: $0.04550 ā $0.04600 (acts as invalidation zone)
Support to Watch: $0.04300 (if broken, momentum likely continues downward)
š§ Trade Idea: $SOPH /USDT failed to sustain above the $0.045 mark and is showing weakness below key resistance. With increasing volume on downside wicks and lower highs forming, a breakdown continuation looks likely. Be cautious of volatility near $0.043 support.
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