【$SOON Signal】Long squeeze, pullback is an opportunity

$SOON 1H level RSI surges to 81, price breaks above the upper Bollinger Band, clear buy-side gap. 4H level MACD histogram continues to expand, open interest remains stable, but funding rate is only 0.005%, indicating shorts have not surrendered en masse. The order book below 0.1390 is very thick, exposing the market’s support intent.

🎯Direction: Pullback to go long

⚡Entry/Order: Within the 0.1145 - 0.1398 range, enter directly when the price pulls back near 0.1390.

🛑Stop loss: 0.1135

🚀Target 1: 0.1410

🚀Target 2: 0.1415

🛡️Trade management:
- Execution strategy: After the price hits 0.1410, halve the position, and move the remaining stop loss up to the entry price. If the price fails to hold above 0.1398 and weakens, exit proactively.

This rally was accompanied by a sharp increase in volume, but the depth of buy and sell orders shows selling pressure concentrated above 0.1415. The current risk-reward ratio isn't perfect, but the low funding rate leaves room for a short squeeze to develop. The key is whether the price can complete a chip turnover above 0.1390. The 1H EMA20 has crossed above EMA50 to form support; if the pullback does not break below, bullish momentum may continue.

Check real-time market 👇 $SOON
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