$SOON SIGNAL ALERT 🔴✨️✨️✨️💣
$SOON is currently forming a Cup and Handle pattern on the 5-minute chart. This is a classic bullish continuation pattern where price forms a rounded base (the cup), followed by a slight pullback (the handle), before a potential breakout to the upside. The cup’s top is at 0.31685, and the recent pullback shows a drop of around 3.69%, which could be forming the handle right now.
The price is currently sitting at 0.30081 with RSI cooling down to 40.48 after touching higher levels earlier. Volume shows healthy green spikes during the cup formation, indicating strong buying interest. If the price holds above the 0.29000 support area and reclaims the 0.30500 level, a breakout attempt toward the 0.31685 zone could follow quickly.
If the breakout happens, the next target would be around 0.33000. The setup remains valid as long as the handle low holds. A break and close above 0.31700 would confirm the pattern and likely trigger momentum buyers. Risk management is key here — any long positions should have a stop-loss below the handle low near 0.29000 to stay protected.
Keep this on your radar. A clean Cup and Handle pattern like this can deliver sharp moves once the handle completes.
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