$SOPH
/USDT Short Trade Signal .!š“
$SOPH is up on the day, printing a high at $0.03668 and now pulling back to $0.03363. After a strong intraday push, early longs may start locking in profits, especially with decreasing momentum below $0.036. A short setup is valid if price struggles to reclaim the highs.
š Short Entry Zone:
$0.03480 ā $0.03600
Look for a rejection wick near $0.03668 on lower timeframes (15m/30m). Wait for a bearish candle pattern or a failed push above $0.036.
šÆ Short Targets:
1. $0.03280 ā minor support
2. $0.03150 ā retest of breakout zone
3. $0.03020 ā full pullback to daily low region
ā Stop Loss:
$0.03720 (above local high ā tight enough to protect from an unexpected squeeze)
š Key Levels:
Resistance: $0.03668 / $0.03700
Support: $0.03280 / $0.03020
Pivot Zone: $0.03420
ā” Pro Tip:
ā Wait for clear rejection and weakening buy volume.
ā Avoid chasing an early entry if price stays strong above $0.036.
ā If SOPH reclaims $0.037 with heavy buying, exit the short idea ā momentum could run to $0.040+.
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