$SOPH USDT BEARISH SETUP – WEAK REJECTION NEAR RESISTANCE, SELL PRESSURE ACTIVE
SOPH is currently trading at 0.03067, down 1.13%, after failing to break above the 0.03086 resistance level. Price remains below its 99 EMA (0.03089), indicating sellers are still in control with bearish momentum prevailing.
TRADE SETUP (SHORT):
Entry: 0.03070 – 0.03085
Targets (TP):
• TP1: 0.03030
• TP2: 0.03000
Stop Loss (SL): 0.03110
MARKET OUTLOOK:
SOPH continues to make lower highs on the 15m chart, with EMA rejections confirming bearish trend structure. Bears are likely to test 0.03012 support zone again if momentum persists.
Risk Management:
Always use proper SL to manage volatility and protect capital during intraday scalps.
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buy and trade here on $SOPH