Current zone: ~$0.34
SOON has shown a strong rebound from the ~$0.29 area and is currently consolidating around $0.34–$0.35. Recent market data shows elevated volume and bullish momentum, although profit-taking remains a risk after the sharp rally.
📊 Key Levels
Resistance: $0.357–$0.363
Breakout: A sustained close above $0.363 could open $0.39–$0.42.
Support: $0.338–$0.330
Major support: ~$0.291
Bullish invalidation: Clear loss of $0.330 could trigger a deeper correction.
🔥 Trading Bias
Short-term: Bullish above $0.330, but chasing a vertical move is risky. A pullback that holds $0.338–$0.330 would give a cleaner technical structure. A confirmed breakout above $0.363 would strengthen the upside setup.
Potential upside zones: $0.375 → $0.39 → $0.42
Risk zone: Below $0.330 → $0.30–$0.291
SOON also recently announced a strategic investment/partnership involving Phala's privacy-compute infrastructure for AI agents, while token-unlock events remain an important supply-side risk.
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