#CryptoTrading. #technicalanalyst #Signal🚥.

📊Technical analysis (1 hour) $SOON /USDT

Current situation:

• Price: 0.8836 USDT (−26.99% per day) — strong bearish momentum.

• All key supports broken, price below the lower Bollinger band (0.811).

• Trend: strong downtrend, price below all MA (5, 10, 20, 50, 200).

Indicators:

• RSI (6/12/24): 32.7 / 26.8 / 29.4 - already in the oversold zone (especially RSI-12 = 26.8).

• MACD: bearish, but the histogram is starting to narrow (a slowdown in the decline is possible).

• Volume: yesterday there was a huge spike on the decline, today the volume is lower → possible exhaustion of sellers.

• On-Balance Volume (OBV): sharply down, confirms sales.

Key levels:

• Resistance: 0.944 - 1.092 - 1.24

• Support: 0.795–0.830 (lower may be 0.70–0.75)

SOONUSDT

Perp

0.6523

-13.51%

Signals

🟢Buy (long) – a weak signal so far, but a rebound is possible:

• Entry conditions: consolidation above 0.94 + reversal pattern (hammer/absorption) + divergence on RSI/MACD.

• Potential: a quick rebound to 1.00–1.09 (15–20%).

• Risk: if we do not hold 0.83 - continued decline to 0.70.

🔴Sell (short) – still the main scenario:

• Active while the price is below 0.944 and MA.

• Target: 0.79–0.75.

• Stop: above 0.97.

Conclusion for now (11/20/2025): So far, the advantage is for shorts/hold on buying.

But RSI is in deep oversold + decreasing sales volume = high risk of a sharp rebound (short squeeze).

⚠️Recommendation: you can short with very close stops, long – only after a confirmed reversal above 0.94.

The safest thing now is to wait for the closing of the daily candle and the reaction to the 0.80–0.83 zone.