$SOPH SOPH/USDT (5m) – Downtrend Scalping Setup 🔻📉
🔴 Market Structure:
After a strong impulse move, price is making lower highs and moving inside a rising wedge / weak consolidation, which usually breaks downward in a downtrend continuation.
📉 EMA Confirmation:
Price is trading below EMA(9) & EMA(20) and both EMAs are acting as dynamic resistance, confirming short-term bearish pressure.
🧱 Key Levels:
Sell Zone / Rejection Area: 0.01610 – 0.01630 (trendline + EMA zone)
Immediate Support: 0.01500
Major Support / Target: 0.01470 → 0.01390
🎯 Scalping Plan (Short):
🔻 Entry: Short on trendline rejection or EMA retest
🎯 Targets: 0.01500 ➝ 0.01470
🛑 Stop-loss: Above 0.01640
Not a financial advise just a technical guidance ✅ #SOPH #BTCVSGOLD #BinanceAlphaAlert #TrumpFamilyCrypto #CPIWatch