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【$SOON Signal】Pullback to go long, capital support is clearly intended
$SOON 1H timeframe remains sideways within the 0.1250-0.1300 range, with buy orders far exceeding sell orders, and a thick order wall near 0.1250 below. The 4H MACD fast and slow lines are still above zero, but the histogram is shrinking, indicating healthy consolidation after a big rally.
🎯Direction: Long
⚡Entry/Order placement: Layered entries within the 0.1191 - 0.1258 range
🛑Stop loss: 0.1156
🚀Target 1: 0.1269
🚀Target 2: 0.1274
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Order book data shows buy depth is more than 1.5 times sell depth, fully exposing the capital support intention. The 1-hour price stays close to the EMA20, with selling pressure quickly absorbed. Combined with positive funding rates and stable open interest, bulls have not exited, more like preparing for the next upward move. The current risk-reward ratio is appropriate; patience is key for the entry point.
Check real-time market 👇 $SOON
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