$SOON – Resistance Rejection Short Setup:
$SOON has made a strong push into a key resistance zone, but the momentum is clearly starting to fade near the highs. Price action is no longer showing clean continuation, and each attempt to push higher is getting weaker — a classic sign of buyer exhaustion.
🔻 Trade Setup: SHORT (Max 10x)
Entry Zone: 0.213 – 0.223
Stop Loss: 0.237
🎯 Targets:
TP1: 0.198
TP2: 0.182
TP3: 0.166
📊 Market Insight
After an aggressive move up, $SOON is struggling to maintain strength above resistance. This kind of price behavior — slower pushes, weaker highs, and lack of follow-through — often signals that buyers are losing control.
When rallies stall at the top like this, it typically opens the door for sellers to step in, triggering a pullback toward lower liquidity zones. If rejection confirms within the entry range, this setup favors a downside move with solid risk-to-reward.
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