$SOPH USDT short trade signal 🛑 🚦
SHORT TRADE SIGNAL – FAKEOUT TRIGGERED, BEARS BACK IN CONTROL 🔴
$SOPHUSDT attempted to break resistance but failed to sustain above 0.03460, forming a rejection wick and flipping the move into a potential bull trap. Momentum has shifted, and price is now back inside the previous structure — a classic short signal. Sellers are likely to dominate if this weakness persists.
🔻Trade Setup
Entry Zone: 0.03440 – 0.03455
Take Profit 1: 0.03392
Take Profit 2: 0.03370
Stop Loss: 0.03485
Margin: 2–3% of wallet
Leverage: 10x
📉 Market Outlook
Price rejection at local highs with immediate retrace signals bearish divergence. A move below 0.03400 would confirm breakdown, opening the door for further downside toward the 0.0335 region. Watch for momentum to stay on the bear side unless bulls reclaim 0.03470 fast.
#SOPHUSDT #CryptoAnalysis #ShortSignal #BearishBreakdown #BinanceFutures
buy and trade here on $SOPH