$SOPH USDT BEARISH PRESSURE GROWING — LOWER HIGHS SIGNAL FURTHER DECLINE 🔻
$SOPHUSDT has failed to sustain its recent bounce and is now rejecting from the short-term resistance at 0.0418. A clean rejection followed by consistent lower highs indicates weakness and potential continuation to the downside. Bearish engulfing structure confirms seller dominance.
Trade Setup:
$ Short Trade Signal 🔴
Entry Point: 0.04030 – 0.04060
Stop Loss: 0.04180
Take Profit:
1. 0.03950
2. 0.03880
3. 0.03820
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
Momentum remains bearish with price unable to break above minor resistances. Unless volume shifts in bulls' favor, SOPH is likely to drift lower with short-term volatility.
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