$SOON Catches fire after a massive breakout, but the chart is screaming that the price is too extended. 🚀
The chart shows a strong rise from 0.20 to 0.37, followed by a sharp pullback and consolidation around 0.31. The structure is aggressively bullish, and the ASI indicator confirms strong momentum.
However, chasing the top here is high-risk. Smart play is to wait for a pullback to the previous breakout zone to catch the next upward move.
📈 Buy plan (wait for the pullback):
• Entry: 0.2800 – 0.3000 (previous breakout zone)
• Stop-loss: 0.2500 (below the last structural low)
• First target: 0.3714 (previous high)
• Second target: 0.4000
⚠️ Confirmation: a bullish rejection wick or a strong bounce from the 0.2800–0.3000 zone.
❌ Invalidation: an hourly candle close below 0.2600.
Let the market come to your entry zone. Protect your capital. 🎯
Not financial advice. Always do your own research.
The chart shows a strong rise from 0.20 to 0.37, followed by a sharp pullback and consolidation around 0.31. The structure is aggressively bullish, and the ASI indicator confirms strong momentum.
However, chasing the top here is high-risk. Smart play is to wait for a pullback to the previous breakout zone to catch the next upward move.
📈 Buy plan (wait for the pullback):
• Entry: 0.2800 – 0.3000 (previous breakout zone)
• Stop-loss: 0.2500 (below the last structural low)
• First target: 0.3714 (previous high)
• Second target: 0.4000
⚠️ Confirmation: a bullish rejection wick or a strong bounce from the 0.2800–0.3000 zone.
❌ Invalidation: an hourly candle close below 0.2600.
Let the market come to your entry zone. Protect your capital. 🎯
Not financial advice. Always do your own research.
