After a sharp impulsive pump, $SOPH price failed to hold above the key resistance zone and is now showing clear signs of weakness. The structure has shifted into a corrective phase, with lower highs forming and sellers stepping in on every bounce. Current price action suggests continuation to the downside as liquidity from the spike gets filled and momentum cools off.
Trade Setup (Short):
Entry range: 0.0168 – 0.0178
Target 1: 0.0150
Target 2: 0.0138
Target 3: 0.0115
Stop Loss (SL): 0.0188


