$SOPH /USDT BEARISH RETEST IN PROGRESS — DOWNTREND STILL ACTIVE!
$SOPH saw a short-lived recovery, but the bounce lost strength below $0.0560 and price is now testing the $0.052 zone again. With repeated lower highs and strong rejection wicks, sellers are still dominating the chart.
🔻 Trade Setup (SHORT):
Entry Zone: $0.0530 – $0.0545
Targets: $0.0505 / $0.0480 / $0.0450
Stop Loss: $0.0568
Why Short?
The structure is clearly bearish with consistent lower highs. Failed breakout attempts and declining momentum on each bounce indicate sellers are stepping in fast. Volume also remains on the side of supply.
🛡️ Risk Management Reminder:
Use tight SL due to volatility and adjust position size carefully — it's a low-priced altcoin.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#SOPH #USDT #BearishSetup #CryptoAlertsv #TrumpMediaBitcoinTreasury
