$SOPH /USDT short trade signal 🚦 🔴
BEARISH PRESSURE CONTINUES – SUPPORT TESTED BUT NO STRONG REBOUND YET!
$SOPH is showing weakness as price struggles to hold above the $0.0530 level after a sharp intraday drop. It recently tapped the local support at $0.05207 but failed to bounce strongly, signaling a lack of bullish momentum in the short term.
TRADE SETUP (SHORT):
Entry: $0.05320 – $0.05400
Target 1: $0.05100
Target 2: $0.04880
Stop Loss: $0.05540
Market Outlook:
With multiple lower highs and volume fading on green candles, $SOPH remains under bearish control on the 15m chart. If support at $0.05200 breaks, we could see accelerated downside action. Only a breakout above $0.05550 would negate this bias.
Risk Management Tip:
Always place tight stops in short setups like this. Momentum is key — if it stalls, consider cutting early.
Don’t let this trend reversal pass quietly — position smartly before the next leg drops!
buy and trade here on $SOPH
