【$SOON Signal】Short squeeze pullback, sniper second push

$SOON 1H level RSI soaring to 81, price breaking through the Bollinger upper band, 4H level MACD histogram expanding strongly. Buying depth accumulating around 0.139, but the sell wall in the 0.141-0.142 zone is very thick; a direct breakout requires more fuel. This rally is accompanied by stable open interest, funding rate only 0.005%, indicating shorts have not fully surrendered, with a short squeeze basis.

🎯Direction: Pullback to go long

⚡Orders: Layered entries in the 0.1145 - 0.1398 range

🛑Stop loss: 0.1135

🚀Target 1: 0.1410

🚀Target 2: 0.1415

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.

Current price is outside the upper band of the 1H and 4H Bollinger bands, indicating an overbought area; chasing high directly carries poor risk-reward. However, the 4H MACD just had a golden cross and volume expansion, indicating trend momentum remains. A more cautious strategy is to wait for the price to pull back to the 1H EMA20 (0.1167) or the dense order zone below (0.139-0.140) for support, then follow the capital flow to enter. The order book shows active buying below 0.140, providing a buffer for the pullback. The risk-reward ratio needs to be very strict; it’s better to miss this position than to make a mistake.

View real-time market 👇 $SOON
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨