Sell signal for USDT pair at $SOPH 🛑
Upcoming bearish reversal after equivalent rise 🚨
The USDT pair has completed a strong vertical breakout, but it is now showing signs of exhaustion as it is rejected from its local highs. Short sellers are stepping in as buyers take profits, opening the door for a selling opportunity targeting the correction zone.
🔻 Trading Settings (Sell):
Entry: 0.03550 - 0.03570
Take Profit:
➤ TP1: 0.03480
➤ TP2: 0.03380
➤ TP3: 0.03250
Stop Loss: 0.03660
📊 Market Forecast:
Momentum is shifting from sharply bullish to corrective, as the price rejects the nearby resistance level at 0.03658. A pullback towards the main support level at 0.03251 remains possible if trading volume decreases and traders maintain control below 0.03600.
⚠️ Risk Management:
Use tight position sizes and discipline in stop orders