$SOPH /USDT – SHORT TRADE SIGNAL
WEAK BOUNCE AFTER LOWER LOW
REJECTION NEAR $0.044 ZONE
BEARISH STRUCTURE PERSISTS
$SOPH remains in a steady downtrend after failing to reclaim the key resistance zone around $0.04436. Despite a temporary bounce from $0.04013, the price is now stalling around $0.04184, showing signs of exhaustion. Volume has declined again, indicating fading buying interest. The overall structure suggests a continuation of the bearish trend.
Trade Setup (Short):
Entry Point: 0.0418 – 0.0435
Stop Loss: 0.0450
Take Profit:
• TP1: 0.0400
• TP2: 0.0378
• TP3: 0.0355
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Until SOPH breaks above the $0.045 resistance with strong volume, the bears remain in control. Traders should watch for further downside if the recent low is retested.
