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【$SOON Signal】Pullback to buy, capital support clearly intended
$SOON The 1H timeframe is consolidating strongly between 0.125-0.131, with a volume surge and long bullish candle on the 4H, followed by a pullback for confirmation. Market depth shows very thick orders in the 0.127-0.128 range, fully exposing the capital support intention. Although the 1H MACD histogram is below zero, the shrinking speed is slowing, and bearish momentum is weakening. The 4H Bollinger Band middle line at 0.1156 provides strong support, with the price trading above it, and the structure remains intact.
🎯Direction: Long
⚡Entry/Orders: Within the 0.119 - 0.128 range, current price around 0.129 can be used to build positions in batches directly.
🛑Stop loss: 0.116
🚀Target 1: 0.129
🚀Target 2: 0.130
🛡️Trade management:
- Execution strategy: After the price reaches 0.129, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to hold above 0.128 and drops again, beware of false breakouts.
Current holdings are stable, fees are normal, and there are no signs of extreme short squeezes or distribution. The 1H RSI is around 55, neutral to slightly bullish; after the 4H MACD golden cross, the fast and slow lines remain above zero, indicating the medium-term trend has not reversed. The buy-side depth below is much larger than the sell-side, and selling pressure is quickly absorbed. This market structure during a pullback offers a good risk-reward ratio.
Check real-time quotes 👇 $SOON
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