$SOPH USDT short trade signal š š¦
FAILS TO HOLD RANGE ā SHORT REVERSAL IN PROGRESS!
After multiple failed attempts to break through the 0.03750ā0.03820 resistance zone, $SOPHUSDT is now showing signs of exhaustion. Price has rejected key levels with visible lower highs, indicating that bearish momentum may soon take over. A breakdown from this consolidation zone opens the door for a deeper correction.
š» Trade Setup (Short Signal):
ā¢ Entry Zone: 0.03725 ā 0.03752
ā¢ Take Profits:
āā¢ TP1: 0.03642
āā¢ TP2: 0.03513
āā¢ TP3: 0.03485
ā¢ Stop Loss: 0.03826
ā¢ Leverage: 10x
ā¢ Risk Allocation: 2-3% of Wallet
š Market Outlook:
SOPH is currently trading under heavy resistance with rejection wicks forming at the top of each attempt. Unless a strong bullish volume steps in, the structure favors bears. Breakdown below 0.03680 will confirm the move. Eyes on follow-through!
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buy and trade here on $SOPH