$SOPH /USDT – Short Trade Entry Opportunity
SOPH is showing clear signs of bearish continuation on the 15-minute chart, forming consistent lower highs and failing to break above $0.04050 resistance. Current breakdown retest offers a high-risk-reward short setup.
Entry Price: $0.03986
Target 1: $0.03860
Target 2: $0.03780
Target 3: $0.03700
Stop Loss: $0.04056
Risk Management:
Stick to tight risk control by adjusting your lot size based on the stop distance. Don’t overleverage; this setup favors quick downside momentum. Monitor the volume and candle body rejections closely on each resistance retest.
Pro Tip for Followers:
Momentum shifts are sharp after lower high traps—ride the wave early, not late. Always trail stop once Target 1 hits to secure risk-free profits.