$SOPH Short 10x | The target zone I was eyeing has finally arrived.
SOPH is at the critical level that distinguishes a solid short from a failed attempt. I’m positioned here with a clear invalidation; if the supply falters, I’ll reassess.
Trade Plan:
- Entry: 0.00401 – 0.00402
- TP1: 0.00396 (R:R 1:0.7)
- TP2: 0.00392 (R:R 1:1.2)
- TP3: 0.00387 (R:R 1:2.0)
- SL: 0.00409
Why this setup?
- This short setup is grounded: the 4h structure aligns while the 1D remains bearish around 0.00401–0.00402.
- The 15m RSI is at 61, allowing sellers to push lower as long as the zone holds firm.
- Volume analysis backs this move, showing 0.51x pace with 8.88M traded against 17.47M anticipated.
Trade here 👇 and Are we witnessing genuine supply, or is this merely a liquidity grab?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
SOPH is at the critical level that distinguishes a solid short from a failed attempt. I’m positioned here with a clear invalidation; if the supply falters, I’ll reassess.
Trade Plan:
- Entry: 0.00401 – 0.00402
- TP1: 0.00396 (R:R 1:0.7)
- TP2: 0.00392 (R:R 1:1.2)
- TP3: 0.00387 (R:R 1:2.0)
- SL: 0.00409
Why this setup?
- This short setup is grounded: the 4h structure aligns while the 1D remains bearish around 0.00401–0.00402.
- The 15m RSI is at 61, allowing sellers to push lower as long as the zone holds firm.
- Volume analysis backs this move, showing 0.51x pace with 8.88M traded against 17.47M anticipated.
Trade here 👇 and Are we witnessing genuine supply, or is this merely a liquidity grab?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
