$SOPH /USDT short trade signal š š¦
BEARS IN FULL CONTROL, DOWNTREND INTENSIFYING! š»
SOPH continues to trade within a clear descending channel, with every bounce getting sold into. Price has now broken towards the lower end of the channel, signaling sustained bearish pressure. If support fails to hold, a deeper drop towards lower demand zones is likely.
š Trade Setup (Short Position)
Entry Zone: 0.0413 ā 0.0415
Target 1: 0.0409
Target 2: 0.0401
Target 3: 0.0396
Stop Loss: 0.0423
š Market Outlook:
Momentum remains heavily bearish as SOPH stays trapped in the channel. Unless bulls reclaim 0.0423, the trend will likely continue lower with increased selling pressure.