📉 $SOON Spike Exhaustion — Short Bias Building
$SOON made a violent spike, but now momentum is fading and structure is starting to break — a common signal of post-pump weakness.
📊 SHORT PLAN
💎 Entry: 0.215 – 0.225
🛑 SL: 0.255
🎯 Targets:
0.195 → 0.175 → 0.150 📉
💡 Why this setup matters
• Sharp spike → weak follow-through ⚡
• Buyers failing to hold highs 📉
• Lower structure forming after rejection 🔄
• Liquidity sits below 0.200, acting as a magnet 🎯
⚠️ Key levels
0.200 loss → downside momentum likely increases
0.195 break → continuation toward lower targets
0.255 reclaim → bearish idea invalid
🧠 Final Thought:
Spikes create excitement… structure decides direction.