📉 $SOPH /USDT - Renewed selling opportunity with clear contraction!!
Current Price: 0.04100
🔻 Market Analysis:
After breaking the support at 0.04330 with high trading volume, selling pressure has started to increase, indicating weakness in bullish momentum and opening the door for a potential decline.
⚡ Selling Plan:
- Entry Area: 0.04100 – 0.04250
- Selling Targets:
• First Target: 0.03890
• Second Target: 0.03650
• Third Target: 0.03430
- Stop Loss: 0.04460
💡 Advice:
Watch for any rebound to 0.042 with the formation of bearish candles like the wick or engulfing as a strong signal for selling pressure.
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