🔻 $SOPH

USDT BEARISH SETUP: BULL TRAP CONFIRMED, SELLERS DOMINATE BELOW 0.032

$SOPHUSDT has shown a clear rejection from the intraday peak near 0.0345 with continuous lower highs, confirming bearish momentum. Current price is 0.03123, struggling below key resistance.

📊 KEY LEVELS:

Resistance: 0.03200 – 0.03250 (strong selling zone)

Support: 0.03050 – 0.03000 (potential demand zone)

Current Price: 0.03123

📉 TRADE SETUP (SHORT):

Entry Zone: 0.03120 – 0.03150

Take Profit Targets:

TP1: 0.03080

TP2: 0.03030

Stop Loss: 0.03220

💡 MARKET OUTLOOK:

The market remains under seller pressure with lower highs formation and failed recovery attempts above 0.032. As long as it trades below this level, bearish continuation is expected towards 0.030.

⚠️ RISK MANAGEMENT:

Use strict SL, risk only 1-2% per trade. Avoid over-leverage as current volatility remains moderate with a downward bias.

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buy and trade here on $SOPH