$SOPH /USDT BEARISH TREND PERSISTS — MINOR BOUNCE FACES RESISTANCE
$SOPH remains under bearish pressure after dropping to $0.03850. Price is currently attempting a small bounce but faces strong resistance from EMA(25) and EMA(99). Unless the price breaks above $0.0400, sellers are likely to maintain control.
Trade Setup (Short Entry)
Entry Zone: $0.0391 – $0.0395
Take Profit 1: $0.0385
Take Profit 2: $0.0378
Take Profit 3: $0.0370
Stop Loss: $0.0402
Market Outlook:
The trend remains bearish with downward momentum intact. A close below $0.0385 could accelerate selling pressure. Bulls need a breakout above $0.0400 to shift short-term sentiment.
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