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SOONUSDT Perpetual Swap Contract

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SOONUSDT.P trade ideas

SOON/USDT -its mean soon bull start SOON/USDT on July 5 likely completed its final shakeout a classic liquidity grab and cleanout move before a potential reversal. The price is showing early signs of strength around the current zone, indicating the possibility of a trend shift. I plan to DCA from current market price down to $0.128, identifying this as a strong accumulation area. Targeting a potential move towards the $0.31 zone, offering a solid risk-to-reward setup if the reversal unfolds as expected.
Long
by Captain-MAO
SOONUSDT → The coin that gets killed...BINANCE:SOONUSDT.P is under pressure. The coin looks extremely weak against the backdrop of a bullish market, with key support ahead, separating traders from the panic zone and a sharp decline This coin is being killed. The price is gradually consolidating and compressing before support - the trigger is 0.2332. Against the backdrop of the overall decline that the market has experienced after a slight impulse from 0.2332, shocks are forming with the aim of capturing liquidity (red check marks). This generally indicates that large players are gathering a bearish position. A breakout of the risk zone will trigger panic and distribution. Against the backdrop of growth in Bitcoin and the top 10 cryptocurrencies (bull market), the SOON coin is gradually declining and contracting towards key support, which could be broken accompanied by strong sell-offs. Resistance levels: 0.2478, 0.25777 Support levels: 0.2332 If the coin continues to contract towards the 0.2332 support and form a pre-breakdown consolidation, there will be little chance of survival. In the short and medium term, I expect prices to fall. Best regards, R. Linda!
Short
by RLinda
6