$SOON Pullback & Liquidation Alert (-7.0%) ā ļø
Heavy liquidation cascade observed after key structure broke down.
š Key Technical Levels:
⢠Current Price: $0.3412
⢠š¢ Support to Watch: $0.3614
⢠š“ Immediate Resistance: $0.3745
⢠š 24h Volume: $12.5M
Automated stop cascades into thin bid liquidity drove this drop. Wait for volume to settle and price to print a clear consolidation base before looking for entries.
Spot tape looks active, but keep an eye on futures delta for signs of exhaustion.
$SOON #BinanceSquare #CryptoTrading
Heavy liquidation cascade observed after key structure broke down.
š Key Technical Levels:
⢠Current Price: $0.3412
⢠š¢ Support to Watch: $0.3614
⢠š“ Immediate Resistance: $0.3745
⢠š 24h Volume: $12.5M
Automated stop cascades into thin bid liquidity drove this drop. Wait for volume to settle and price to print a clear consolidation base before looking for entries.
Spot tape looks active, but keep an eye on futures delta for signs of exhaustion.
$SOON #BinanceSquare #CryptoTrading
