$SOON is trying to stabilize after the sharp rejection from 0.3850, and I’m watching for a relief-bounce long if buyers can defend the current support zone.
Entry: 0.2380 - 0.2435
Stop loss: 0.2315
Targets:
0.2580
0.2850
0.3200
Short-term momentum is still weak after the heavy selloff from the local high, but price is starting to react from support and buyers are trying to rebuild strength around this area.
If this range holds, $SOON could see a short-term recovery move toward the next resistance levels.