🔻 $SOON
USDT – BEARISH PRESSURE BUILDING BELOW KEY MOVING AVERAGES!
$SOONUSDT is trading at $0.13958, down -2.91%, after failing to sustain above recent highs. The price action suggests seller dominance as it remains under pressure near local support, and volume indicates fading bullish interest.
🔑 Key Levels:
Support: $0.12650
Resistance: $0.14900
Current Price: $0.13958
🎯 Trade Setup (Short Entry):
Entry Zone: $0.13950 – $0.14350
Take Profit Targets:
TP1: $0.13000
TP2: $0.12650
Stop Loss: $0.14950
📊 Market Outlook:
SOON has dropped below the MA(10) and MA(5), showing weak short-term structure. A lower high formation is visible, and if price loses $0.138 cleanly with volume, a push toward $0.13 and below is likely. Volume spike without follow-through could be a fakeout trap — wait for candle confirmation.
⚠️ Risk Management:
Stick to risking 1–2% per trade. Use a tight stop above resistance to avoid losses if momentum flips unexpectedly. Manage leverage wisely in low-cap perps like SOON.
💥 Comment BEAR 🐻 if you see SOON breaking down below $0.138 today!
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