$SOPH ๐ปSHORT SIGNAL๐ป
ENTRY: 0.003784 - 0.003920
๐ฏ TP1: 0.003610
๐ฏ TP2: 0.003450
๐ฏ TP3: 0.003200
๐ฏ TP4: 0.003000
๐ SL: 0.004150
MARKET VIEW:
A massive bearish engulfing candle completely wiped out the recent uptrend on heavy selling volume. Price smashed right through major moving averages with huge downward momentum. The structure is broken, and a brief pullback toward the EMA zone offers a high-confluence entry before the next leg down.
ENTRY: 0.003784 - 0.003920
๐ฏ TP1: 0.003610
๐ฏ TP2: 0.003450
๐ฏ TP3: 0.003200
๐ฏ TP4: 0.003000
๐ SL: 0.004150
MARKET VIEW:
A massive bearish engulfing candle completely wiped out the recent uptrend on heavy selling volume. Price smashed right through major moving averages with huge downward momentum. The structure is broken, and a brief pullback toward the EMA zone offers a high-confluence entry before the next leg down.