๐ด
$SOPH REJECTS PREMIUM SUPPLY AT $0.00450 AS BEARISH STRUCTURE TAKES CONTROL ๐
Entry: 0.00384 - 0.00388 ๐ด
Target: 0.00360 ๐
Stop Loss: 0.00405 โ ๏ธ
๐ A sharp rejection off the $0.00450 institutional supply block has triggered an impulsive shift in market structure for
$SOPH . Sellers absorbed all buying liquidity at resistance, pushing price back into the $0.00385 breakdown cluster with increasing sell volume. ๐
๐ Lower-timeframe momentum confirms a strong bearish order flow, targeting the inefficiency fill down toward the $0.00360 demand pool. As long as price remains capped under structural resistance, path of least resistance points lower. ๐ก
๐ฌ Are you positioning for this continuation short or waiting for a temporary relief bounce back into supply? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#SOPH #ShortSetup #MarketStructure #Crypto ๐ป ๐ฉธ