$SOPH /USDT – BEARISH PRESSURE AFTER FAILED BREAKOUT
WEAKENING MOMENTUM BELOW LOCAL HIGH
MACD CROSSOVER SIGNALS DOWNSIDE CONTINUATION
$SOPH rejected sharply from $0.03542 and has been forming lower highs with consistent red candles. The MACD has turned negative again, showing loss of momentum and suggesting further downside risk.
🔴 SHORT TRADE SETUP
Entry Zone: $0.03340 – $0.03370
Take Profit: $0.03260
Stop Loss: $0.03420
Market Outlook: With bearish candles dominating and the MACD histogram flipping red again, SOPH could retest its recent low of $0.03293 or break lower if volume increases.