$SOPH USDT – WEAKNESS EMERGING AFTER LOWER HIGH
REJECTION AT RESISTANCE
FAILING TO HOLD ABOVE KEY LEVEL
$SOPH USDT is flashing early signs of weakness after a lower high rejection from $0.03711. Despite recent attempts to reclaim upside momentum, price has slipped back below $0.03577 with consecutive rejections and fading volume strength.
The 4H chart shows a failed breakout attempt, followed by a bearish engulfing candle, signaling short-term exhaustion. The support near $0.03480–$0.03500 is being tested again. A break below this could trigger further downside toward the $0.03360 zone.
SHORT SETUP
Entry: $0.03540
TP1: $0.03420
TP2: $0.03330
SL: $0.03620
Until SOPH reclaims $0.03600 with strength, the bears remain in control. Volume divergence and lack of follow-through on green candles confirm fading bullish interest.
Caution: This could turn into a deeper correction if key support breaks.
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