$SOPH USDT BEARISH REVERSAL — FAILED BREAKOUT TURNING INTO A FADE
$SOPHUSDT surged to $0.04400 but quickly faced rejection, forming a clear lower high followed by strong bearish candles. Price is now trading below all key MAs on the 15-min chart, with the 7 MA crossing down under the 25 and 99 MA — confirming trend weakness. Unless $0.0385 is reclaimed fast, this looks like a completed pump with more downside ahead.
🔻 Trade Setup (SHORT):
Entry Zone: $0.03750 – $0.03790
Take Profit 1: $0.03630
Take Profit 2: $0.03520
Stop Loss: $0.03910
📊 Market Outlook:
Momentum has flipped bearish after the post-pump exhaustion. The structure shows a clean downtrend forming with declining volume and no immediate support until the $0.03630 region. Bears are in control unless a strong bounce reclaims lost levels.
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buy and trade here on $SOPH