$SOPH
USDT BEARISH PRESSURE INTENSIFIES — SUPPORT BREAK MAY UNLEASH FURTHER DOWNSIDE
The chart shows clear rejection from the 0.0400 resistance zone after multiple failed attempts to reclaim it. Price action has now broken below recent support, suggesting continuation of the downtrend. Sellers remain in control as SOPHUSDT prints lower highs and lower lows on the 1H chart — a typical bearish structure.
🔴 Short Trade Setup:
Entry Point: 0.03820 – 0.03850
Stop Loss: 0.04010
Take Profit Targets:
TP1: 0.03720
TP2: 0.03640
TP3: 0.03570
Margin: 2–3% of wallet
Leverage: 10x
📉 Market Outlook: Overall momentum is shifting in favor of bears as volume confirms the sell pressure. Weak bids and continued lower closes could trigger a deeper correction.
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buy and tread here on $SOPH