SOPH
◈ LEVEL UNDER PRESSURE
Trade Direction: SHORT
Entry Zone: $0.00320 – $0.00324
Stop Loss: $0.00332
TP1: $0.00314
TP2: $0.00307
TP3: $0.00298
The $4.0606K long liquidation at $0.00322 makes this the largest listed long-liquidation event in the batch. That alone does not confirm a downtrend, but a weak recovery and rejection around $0.00324 could give sellers another opportunity.
Invalidation: Reclaiming $0.00332 invalidates the bearish setup.
⧫ No rejection, no entry. Make the level prove itself.
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