$SOPH /USDT – SHORT TRADE SIGNAL🔴
⚠️ Bearish Rejection at Resistance – Caution Advised!
$SOPH is showing strong resistance around the $0.0448 – $0.0450 zone on the 30m chart. After failing to reclaim that level, price has consolidated with lower highs, indicating bearish pressure is still present.
🔻 Trade Setup:
Entry Point: $0.04430 – $0.04460
Stop Loss: $0.04580
Take Profit 1: $0.04200
Take Profit 2: $0.04050
Margin: 2–3% of wallet
Leverage: 10x
📊 Market Outlook:
Price action remains weak after a steep drop from $0.05021. Until it reclaims and holds above the highlighted resistance, $SOPH remains in a bearish zone with downside risk.
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buy and trade here on $SOPH