🩸 $SOPH RESISTANCE REJECTION — SHORT THE SUPPLY BLOCK DOWN TO 0.00380 💥
Entry: 0.00394–0.00397 🔻
Target: 0.00388–0.00384–0.00380 🎯
Stop Loss: above 0.00401 🛑
📊 Price is stepping into a supply block at 0.00394–0.00397, where sellers have stacked orders and rejected every recent attempt to climb higher. The lower timeframes are printing heavy distribution candles — this zone smells like a trap for late buyers.
🎯 The path of least resistance runs downhill, with three stacked targets at 0.00388, 0.00384, and 0.00380 drawing shorts like a magnet. If buyers can't reclaim above 0.00401, this slide gains serious velocity. 🔻
💬 Are you front-running the rejection here, or waiting for the first target to break before adding? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOPH #ShortSetup #Bearish #SupplyBlock #Crypto
🐻 🩸
Entry: 0.00394–0.00397 🔻
Target: 0.00388–0.00384–0.00380 🎯
Stop Loss: above 0.00401 🛑
📊 Price is stepping into a supply block at 0.00394–0.00397, where sellers have stacked orders and rejected every recent attempt to climb higher. The lower timeframes are printing heavy distribution candles — this zone smells like a trap for late buyers.
🎯 The path of least resistance runs downhill, with three stacked targets at 0.00388, 0.00384, and 0.00380 drawing shorts like a magnet. If buyers can't reclaim above 0.00401, this slide gains serious velocity. 🔻
💬 Are you front-running the rejection here, or waiting for the first target to break before adding? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SOPH #ShortSetup #Bearish #SupplyBlock #Crypto
🐻 🩸