$SOPH /USDT short trade signal 🚦
SHORT TRADE SIGNAL – BULL TRAP UNFOLDING, DOWNSIDE PRESSURE ACTIVE!
$SOPH rallied towards $0.06426 but failed to hold above resistance, quickly reversing with strong selling pressure. Price is now hovering at $0.05511, showing weakness after forming a lower high and breaking previous bullish momentum. A bearish continuation is in play.
Trade Setup (SHORT):
Entry Zone: $0.05500 – $0.05650
Target 1: $0.05000
Target 2: $0.04500
Stop Loss: $0.05880
Why Short?
The sharp rejection from the $0.064 zone and a consistent drop in volume point to fading buyer interest. The current candle structure confirms lower highs and weak bounce attempts — signaling bearish continuation below $0.05450.
Risk Management Tip:
Stick to your SL if buyers regain $0.059+. Watch for a clean breakdown below $0.053 to scale in with higher confidence.
Sell smart — don’t chase green candles when the trend is turning red!
buy and trade here on $SOPH
