🚀 $SOPH USDT SPIKES BUT FAILS TO HOLD — BULLS LOSING MOMENTUM FAST?

After a sharp vertical move up to $0.04400, $SOPHUSDT failed to sustain the rally and retraced quickly, signaling a potential bull trap. Price is currently hovering near $0.03880, forming lower highs after the rejection. Unless buyers step in above $0.0400 with strength, another pullback toward support is highly probable.

📉 Trade Setup (SHORT):

Entry Zone: $0.03870 – $0.03930

Take Profit 1: $0.03720

Take Profit 2: $0.03640

Stop Loss: $0.04020

📊 Market Outlook:

The wick up to $0.04400 followed by a steep dump highlights strong sell pressure at higher levels. RSI is cooling off, and candles show indecision. Trend remains weak with no solid base formed. A breakdown below $0.03750 could trigger fast downside movement.

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