$SOPH – REJECTION FROM $0.042, BEARS STRIKING BACK!
• SHARP SELL-OFF AFTER LOWER HIGH AT $0.04252
• BOUNCE FAILED TO HOLD ABOVE $0.040 MARK
$SOPH attempted a recovery but faced heavy resistance near $0.0425 and is now printing a red candle below $0.040. The structure remains weak with consistent lower highs and the rejection suggests sellers are regaining momentum. A breakdown below $0.0389 could trigger another wave of selling pressure.
Short Entry: $0.0399
Targets: $0.0385 / $0.0378
Stop Loss: $0.0415
Trend bias remains bearish unless bulls reclaim $0.041 convincingly.
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