$SOPH USDT – SHARP SPIKE REJECTED, SHORT SETUP ACTIVATED!
WICK REJECTION AT $0.03281
PRICE STRUGGLING TO HOLD ABOVE MA(99)
$SOPH USDT saw a sudden pump toward $0.03281 but faced immediate rejection, forming a long upper wick. Despite crossing above the 99 MA, price failed to hold gains, signaling potential exhaustion and an ideal setup for a short trade.
Short Trade Signal 🔴
Entry Point: $0.03263
Stop Loss: $0.03300
Take Profit: $0.03190 / $0.03140
Margin: 2-3%
Leverage: 10x
If momentum fades below the 99 MA, bears may regain control quickly. Watch for confirmation with rising sell volume.
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