$SOPH USDT ā REJECTION AT RESISTANCE! BEARISH PRESSURE RESURFACES
š» LOWER HIGHS IN FORMATION
š» FAKEOUT SPIKE REVERSED WITH STRONG SELL VOLUME
$SOPH USDT attempted a breakout but was quickly rejected near the $0.03415ā$0.035 level. Price action has printed a series of lower highs, while the recent bounce failed to reclaim $0.03230. Selling volume has increased, indicating bears are regaining control.
SHORT TRADE SETUP
Entry: $0.03080
Targets:
ā¢ TP1: $0.03000
ā¢ TP2: $0.02900
Stop Loss: $0.03200
If price breaks below $0.03030 support, expect accelerated downside. Momentum favors sellers.
#SOPHUSDT #BearishSignal #CryptoBreakdown #ShortSetup #BinanceFutures