🚀 $SOON is showing a potential technical setup!

The weekly chart displays a sharp bullish impulse candle breaking through the 1.618 Fibonacci level at 0.5093 after an extended consolidation period.

📈 The Technical Setup:
• The Pattern: Fibonacci Extension / Breakout Continuation
• Short-term Target: 0.7104
• Macro Objective: 1.1126
• Market Structure: reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.3850 - 0.4200
• Resistance: 0.7104
• Breakout Level: 0.5093
• Stop Loss / Invalidation: 0.3850

📊 Confirmation:
• Volume: Neutral/standard volume on visible chart
• Momentum: Strong bullish weekly impulse candle breaking above key fib level
• Trend: Potential macro trend reversal following consolidation phase

⚠️ Invalidation:
A decisive weekly close back below the 0.3850 support level would invalidate the current breakout setup.

Monitor price action closely around current levels for potential continuation towards higher Fibonacci targets.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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