$SOPH USDT short tread signal 🛑 🚦
BEARISH REVERSAL IN PLAY — SUPPLY ZONE REJECTION CONFIRMED 🔻
After a strong bullish run, $SOPHUSDT has slammed into a clear resistance zone near 0.0387 and got sharply rejected. The current price action shows a rejection wick at the top, followed by bearish pressure that’s starting to take control. This signals a potential shift in momentum, favoring the bears for a short-term correction.
🔹 TRADE SETUP — SHORT POSITION
Entry Zone: 0.03680 - 0.03690
Take Profit 1: 0.03550
Take Profit 2: 0.03500
Stop Loss: 0.03876
📉 MARKET OUTLOOK:
Momentum has shifted downward as price fails to break resistance. RSI likely showing signs of exhaustion. Lower high formation confirms weakness. Expecting a clean move down toward mid-support zones before any bounce.
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buy and trade here on $SOPH