$SOPH /USDT short trade signal 🔴
BEARISH TREND – SHARP DROP AFTER FAILURE AT $0.07498! 🔻
$SOPH faced heavy selling pressure after reaching a local high of $0.07498. Price has dropped nearly -18% in the last 24 hours, currently trading around $0.05828. The breakdown from the $0.06509 support level has opened doors for further downside, as sellers dominate the 1H chart.
Market Snapshot:
Previous High: $0.07498
Current Support Zone: $0.05740
Trend: Bearish with lower highs and breakdowns
Outlook:
Momentum favors bears unless $SOPH reclaims the $0.06050 level with strong volume. Otherwise, downside risk toward the $0.053–$0.050 zone remains on the table. Current bounce attempts are weak and lack follow-through.
Risk Management Tip:
Avoid catching falling knives. Let structure confirm before entering. If entering a counter-trade, use tight SL.
Trade the trend — not your hopes. Follow the chart, not your emotions!
Bear markets don’t wait — protect your capital and wait for reversal signs!
buy and trade here on $SOPH
