$SOON is showing a bearish pullback setup after sustained selling pressure across the lower timeframes. Buyers are struggling to reclaim the $0.286–$0.290 resistance zone, while the $0.279 area remains an important nearby liquidity level.
EP: $0.2850–$0.2900 (Short)
TP1: $0.2790
TP2: $0.2728
TP3: $0.2660
SL: $0.2960
The recent low near $0.2792 is the first important liquidity reference. A failed reclaim of resistance would favor another move lower, while a strong breakout and hold above $0.296 would invalidate the bearish structure.
EP: $0.2850–$0.2900 (Short)
TP1: $0.2790
TP2: $0.2728
TP3: $0.2660
SL: $0.2960
The recent low near $0.2792 is the first important liquidity reference. A failed reclaim of resistance would favor another move lower, while a strong breakout and hold above $0.296 would invalidate the bearish structure.