$SOPH

USDT BEARISH REVERSAL – IS THE RALLY LOSING STEAM?

The recent 15m chart of $SOPHUSDT shows a sharp rejection from the local high at 0.03367, followed by strong red candles indicating potential short-term bearish momentum. Current price is 0.03316, sitting near intraday support.

🔑 Key Levels:

Resistance: 0.03367

Support: 0.03300 (immediate), 0.03260 (major)

📉 Trade Setup (Short):

Entry: 0.03310 – 0.03320

Targets (TP): 0.03300 / 0.03280 / 0.03260

Stop Loss (SL): 0.03350

📊 Market Outlook: The pair shows signs of a bearish reversal after an extended bullish move, suggesting short-term selling pressure. If it fails to reclaim 0.03340, continuation towards lower supports is likely.

⚠️ Risk Management: Always use a strict stop-loss, risk only 1-2% of your capital per trade, and avoid overleveraging in volatile micro-cap pairs like SOPH.

#Crypto #SOPHUSDT #ScalpingTips #TechnicalAnalysis #TradingSetup

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