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$SOPH

Liquidation Reference: $0.00147 (Long Liquidations: $1.10K)


Entry Zone: $0.00146 – $0.00149

Stop-Loss: $0.00154


🎯 Take-Profit Targets


- TP1: $0.00142

- TP2: $0.00138

- TP3: $0.00133


Market Analysis:

The recent long liquidation activity around $0.00147 highlights downside pressure and potential weakness among leveraged buyers. A rejection near the entry zone could create another selling opportunity. Confirmation through bearish price action and increasing sell volume would strengthen this setup.


Invalidation: A sustained move above $0.00154 would cancel the bearish outlook.


Risk Management: Wait for confirmation before entering and manage position size carefully.

$SOPH

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