$SOON (1H) - Short Rejection

Bias: Short

Entry (Zone): 0.1780 - 0.1820

Targets:

TP1: 0.1700

TP2: 0.1620

TP3: 0.1520

Stop Loss: 0.1925

Why this Setup:

I see price rallying into a supply pocket where momentum is starting to fade, and the latest push looks compressed under repeated resistance. I want to fade this move while buyers are struggling to extend through the highs, since that often leads to a deeper retracement once the local support gives way.

SOONUSDT

Perp

0.1673

-11.29%