$SOON is again setting up a big bullish trap
Short $SOON
Entry: 0.515 – 0.565
SL: 0.650
TP1: 0.460
TP2: 0.425
TP3: 0.385
TP4: 0.330
Why:
$SOON made a powerful rally from the 0.27 area and pushed to a fresh high of 0.5634 before facing sharp rejection. The latest candles show strong selling pressure from the highs, while price is pulling back toward the MA(7) around 0.4800. Volume spiked heavily during the rejection, and OI has also climbed sharply, showing increased positioning. MACD remains positive, but the pullback from the high suggests momentum is cooling. If $SOON loses 0.460, the downside could extend toward 0.426 → 0.385. A deeper correction could bring the 0.337 area into play.
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#Altcoin Season#
Short $SOON
Entry: 0.515 – 0.565
SL: 0.650
TP1: 0.460
TP2: 0.425
TP3: 0.385
TP4: 0.330
Why:
$SOON made a powerful rally from the 0.27 area and pushed to a fresh high of 0.5634 before facing sharp rejection. The latest candles show strong selling pressure from the highs, while price is pulling back toward the MA(7) around 0.4800. Volume spiked heavily during the rejection, and OI has also climbed sharply, showing increased positioning. MACD remains positive, but the pullback from the high suggests momentum is cooling. If $SOON loses 0.460, the downside could extend toward 0.426 → 0.385. A deeper correction could bring the 0.337 area into play.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season#
