**$SOPH /USDT Analysis Report**
**Pattern:** Descending channel with bearish momentum; price is testing the lower trendline support.
**Entry Points:**
* Long near 0.04050 for a bounce play
* Aggressive short positions below 0.04000
**Targets:**
* 0.04350 (mid-channel resistance)
* 0.04450 (upper trendline resistance)
* A break below 0.04000 targets 0.03900
**Stop Loss:**
* For longs, set at 0.04150 above the recent low
* For shorts, a tight stop at 0.04100
**Outlook:**
Bearish bias remains until the price breaks above 0.04450, which is the channel resistance. Watch for volume surges at key levels for confirmation.
**Risk Note:**
Low timeframe volatility requires strict risk management. The pattern shows lower highs and lower lows confirming the downtrend. A reversal would need a close above 0.04450.