$SOPH USDT BEARISH REJECTION AT RESISTANCE — SHORT TRADE SIGNAL 🔴
Price is repeatedly rejecting the upper resistance zone near $0.03300, showing signs of a potential reversal. A triple rejection with lower highs suggests short-term exhaustion in buyers. Breakdown below $0.03250 may trigger bearish continuation.
Trade Setup:
Entry Zone: $0.03270 – $0.03290
Take Profit 1: $0.03220
Take Profit 2: $0.03160
Stop Loss: $0.03340
Market Outlook:
Momentum is weakening near resistance with bearish wicks forming at the top. A clean break below support may attract further selling pressure. Watch the 0.03250 level closely.
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