$SOPH /USDT short trade signal 🚦 🔴
BEARISH BREAKDOWN – TREND CONTINUES AFTER WEAK PULLBACK ATTEMPT!
$SOPH has dropped sharply from $0.05162 and is struggling to recover after a weak bounce was rejected near $0.04850. Price is currently trading at $0.04821, sitting just above the recent low of $0.04775 on the 15-min chart. Momentum remains bearish with lower highs and strong selling pressure.
Trade Setup (SHORT):
Entry: $0.04820 – $0.04850
Target 1: $0.04720
Target 2: $0.04580
Stop Loss: $0.04930
Why Short?
The short-lived recovery failed to hold above the average level ($0.04808), indicating exhaustion. Continued rejection at resistance suggests sellers remain in control, targeting new lows unless volume reverses.
Risk Management Tip:
Stick to your SL above $0.04930 to avoid getting trapped. Adjust stop loss after first target for capital protection.
Sell smart — don’t chase green candles when the trend is turning red!
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buy and trade here on $SOPH