๐Ÿ“Š $SOON Chart Analysis! ๐Ÿ“ˆ

The price sits at $0.45478, down 18.63%โ€”a clear bearish signal ๐Ÿ“‰. The 1D chart shows a sharp drop after a peak, with the 50-day MA at $0.45659 acting as resistance. Volume (2.3M) is steady, but the MACD suggests momentum is fading, hinting at consolidation. Support lies around $0.45, with potential to test $0.44 if the downtrend persists.

Insight: Sentiment leans bearish short-term, but the MA convergence hints at a possible reversal if volume picks up. Watch those key levels closely! ๐Ÿ‘€

Trading Strategy: For spot traders, consider a buy near $0.45 with a stop-loss at $0.43, targeting $0.47 if a bounce occurs. Futures traders might short above $0.46 with a tight stop at $0.47, aiming for $0.44. Keep position size small (1-2% risk) to manage volatility. ๐Ÿš€

๐Ÿšจ Not financial advice. Always do your own research. #BinanceSquare #CryptoTrading$SOON #AlphaAlerts