$SOON/USDT Sharp breakdown followed by weak bounce, trend still under pressure
Trading Plan Short $SOONUSDT (max 10x)
Entry: 0.1840 – 0.1870
SL: 0.1915
TP: 0.1805
TP: 0.1775
TP: 0.1735
Price showed a strong bearish impulse with a heavy sell-off, followed by a weak relief bounce. The recovery lacks strength and is struggling below key moving averages (MA25 & MA99), indicating sellers are still in control.
As long as price remains below the 0.190–0.192 resistance zone, the structure favors continuation to the downside.
This type of weak bounce after a sharp drop often acts as a setup for another leg lower as liquidity gets taken below recent lows.
SOONUSDT
Trvl
0.1735
-6.16%