$SOPH HUSDT BEARISH SETUP CONFIRMS WEAKNESS BELOW KEY RESISTANCE ZONE
$SOPHUSDT has failed multiple times to break above the horizontal resistance zone marked near 0.0413, showing strong seller presence. The latest rejection from that zone triggered another sell-off, pushing price down to the 0.0395 level. Bears are in control as long as price stays below this resistance.
Trade Setup: Short Trade Signal 🔴
Entry Point: 0.03980 – 0.04020
Stop Loss: 0.04140
Take Profit Targets:
→ TP1: 0.03880
→ TP2: 0.03750
→ TP3: 0.03620
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
SOPHUSDT is currently trading below a clear supply zone and forming lower highs on the 1H chart. Momentum remains weak with continued bearish pressure. Unless a strong bullish breakout occurs above the 0.0414 level, trend remains bearish.
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