【$SOON Signal】Short squeeze retracement, sniper for secondary push

$SOON 1H level RSI surges to 81, price breaks through the upper Bollinger Band, 4H level MACD histogram expands strongly. Buying depth accumulates around 0.139, but the sell wall in the 0.141-0.142 region above is very thick; a direct breakout requires more fuel. This rally is accompanied by stable open interest, funding rate is only 0.005%, shorts have not fully surrendered, indicating 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

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

Currently, the price is outside the upper Bollinger Band of the 1H and 4H charts, indicating an overbought area. Chasing high directly carries poor risk-reward. However, the 4H MACD just experienced a golden cross and volume expansion, so the trend momentum remains. A more cautious approach is to wait for the price to retrace to the 1H EMA20 (0.1167) or the dense order zone below (0.139-0.140) for support before entering with the flow of funds. The order book shows active buying below 0.140, providing a buffer for the pullback. The risk-reward setup must be very strict; better to miss the trade than to make a mistake at this position.

Check real-time market 👇 $SOON
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