🚨 $SOPH /USDT BEARISH TECHNICAL ANALYSIS 🚨

📉 Market Bias: BEARISH

$SOPH/USDT is showing strong selling pressure after a sharp rejection from higher levels, indicating continuation of the downtrend.

💰 Current Price: 0.01476 USD

🔍 KEY LEVELS

🟥 Resistance Levels:

0.01636 – Immediate resistance (previous breakdown zone)

0.01926 – Major resistance (strong supply area)

🟩 Support Levels:

0.01347 – Minor support

0.01123 – Strong demand zone (next bearish target)

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📊 TRADE SETUP (SHORT POSITION)

🔴 Short Entry: 0.01580 – 0.01630 (on pullback / rejection)

🎯 Targets (TP):

TP1: 0.01347

TP2: 0.01123

🛑 Stop Loss (SL): 0.01930 (above key resistance)

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⚠️ RISK MANAGEMENT

✅ Use low leverage

✅ Risk only 1–2% of capital per trade

✅ Always wait for confirmation before entry

📉 Bears are in control — trade with discipline and patience 🐻🔥