$SOPH /USDT SHORT TRADE SIGNAL 🔻
Entry Point: $0.05050
Stop Loss: $0.05180
Take Profit:
• TP1: $0.05000
• TP2: $0.04970
• TP3: $0.04850
Margin: 2-3% of wallet
Leverage: 10x
Trade Setup:
SOPH is down -4.65% in the last 24 hours, failing to sustain above resistance at $0.05180 and showing weakness near the local support zone of $0.04967. Price structure on the short-term timeframes is forming lower highs and lower lows, signaling potential downside continuation. Volume is decreasing, indicating a lack of bullish pressure.
Short Outlook:
The market trend is bearish in the short term. A break below $0.04967 may accelerate selling pressure. Bearish sentiment remains unless price reclaims $0.05180 with volume.
#CryptoAlert #ShortSignal #BTCBreaks110K #BearishTrend #TechnicalSetup
buy and trade here on $SOPH