I’m still holding my $SOPH short and the setup is continuing

Post

--Bearish

I’m still holding my $SOPH short and the setup is continuing to play out as expected.

I’m keeping the short active and watching the downside levels closely. Stay patient and manage the position carefully rather than chasing the move.

TP1: 0.0043
TP2: 0.0040
TP3: 0.0038

Keep shorting only with proper risk management. Secure partial profits as targets are reached and adjust your SL accordingly.

DYOR (Do Your Own Research).

TojiSignalShark

Bearish

$SOPH is still looking weak here, with sellers maintaining pressure and the price struggling to regain strength.

As long as the bearish structure remains intact, further downside could be on the table. Stay patient and watch for confirmation before adding to any position.

Manage risk carefully and avoid overleveraging.

DYOR (Do Your Own Research).

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

SOPH-1.42%