$SOPH /USDT short tread single 🔴 😭
SHORT TRADE SIGNAL – REJECTION NEAR LOCAL RESISTANCE!
After a sharp +14% intraday pump, $SOPH is now struggling near the $0.074 resistance zone. Price failed to break higher and is forming lower highs on the 15m chart. Volume is declining, and signs of a short-term reversal are visible as buyers appear exhausted.
Trade Setup (SHORT):
Entry Price: $0.07150 – $0.07350
Target 1: $0.06800
Target 2: $0.06400
Stop Loss: $0.07510
Why Short?
The price spike seems to be losing steam after hitting a local high of $0.07498. With decreasing volume and rejection candles appearing near resistance, this is a classic setup for a short-term correction. A breakdown below $0.07050 confirms bearish momentum.
Risk Management Tip:
Use tight SL above $0.075 — never chase after extended pumps. Stick to the plan and adjust risk based on volatility.
Don’t let this breakout trap you — sell smart, exit with gains before the trend flips hard!
Ride the rejection — it’s time to short with precision and lock in profits!
buy and trade here on $SOPH
