$SOPH USDT SHORT TRADE SIGNAL
Price attempted a strong upside move but faced aggressive rejection near the local highs, forming a long upper wick and clear supply zone. The move up failed to hold, followed by weak follow-through and consolidation below resistance signaling exhaustion from buyers and a potential continuation to the downside after distribution.
Trade Setup (Short):
• Entry: 0.00945 – 0.00960
• TP1: 0.00910
• TP2: 0.00880
• TP3: 0.00845
• SL: 0.00995
Bias remains bearish while price stays below the rejection zone. Any bounce into resistance is likely to be sold. Invalidation only if price reclaims and holds above the high with strong volume.