$SOPH
USDT BEARISH BREAKDOWN – SELL PRESSURE BUILDING UP ⚠️
$SOPHUSDT is showing renewed bearish momentum after failing to hold its recent recovery highs. Price is currently at 0.03220, with clear rejection seen near the 0.03330 resistance zone.
🔑 Key Levels
Resistance: 0.03330 – 0.03370
Support: 0.03180 – 0.03150
Current Price: 0.03220
📉 Trade Setup (Short Entry)
Entry Zone: 0.03230 – 0.03250
Take Profit 1: 0.03180
Take Profit 2: 0.03150
Stop Loss: 0.03340
📊 Market Outlook
Momentum remains bearish on the 1H timeframe with lower highs and weak bounce attempts. If price breaks below 0.03180, further downside towards 0.03150 is expected. Sellers are dominating as overall trend remains pressured.
🛡️ Risk Management
Trade with 2-3% of wallet, maintain strict SL discipline, and avoid overleveraging to protect your capital in volatile market conditions.
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