$SOPH USDT – BEARISH PRESSURE PERSISTS WITH WEAK CONSOLIDATION!
NO STRONG BOUNCE FROM SUPPORT
MACD STILL BEARISH WITH FLAT MOMENTUM
$SOPH has dropped over 6% and is barely holding above the $0.03127 low. Despite minor green candles, the price is failing to reclaim key resistance levels. MACD remains negative with persistent red bars and no bullish crossover in sight.
SHORT TRADE SETUP
Entry: $0.0315
Target 1: $0.0302
Target 2: $0.0288
Stop Loss: $0.0324
As long as $0.0324 isn’t broken, SOPH remains vulnerable to further downside.