🚨 $SOON Strategy: The Momentum Extension Fade
The vertical expansion was a massive success, but the "Buy the News" phase is shifting into profit-taking. We are fading the overextension to catch the re-accumulation near institutional support.
Entry Zone: $0.2100 – $0.2350 (Fading the Relief)
TP1: $0.1850 (Immediate MA-7 Support)
TP2: $0.1650 (Dynamic MA-25 Support Cluster)
TP3: $0.1380 (Golden Support / Fibonacci 0.618)
Stop Loss: $0.2850 (Hard Exit Above Recent Consolidation)
Trade Logic:
SOON is currently trading over 100% away from its MA(99) ($0.12). Historically, moves this vertical lead to a "Mean Reversion" flush to clear out late-long liquidity. The wick at $0.3850 shows aggressive whale distribution. I am sniping the short entry on any relief bounce, targeting the $0.16 dynamic support.
#SOON #SoonVerse #TalhaSniper #BinanceSquare #smartmoney
