【$SOON Signal】1H breakout, initial bullish exhaustion pattern

$SOON 1H RSI skyrocketed to 85.36, price has broken above the upper Bollinger Band. The 4H MACD histogram continues to expand, with buying pressure clearly accumulating between 0.1513 and 0.1507, but there is a thick sell wall around 0.154.

The current price is far from the moving averages, risking chasing the high directly. A more prudent strategy is to wait for a healthy pullback.

🎯Direction: Pullback to go long

⚡Entry/Order: Place buy orders at the lower boundary of the 0.1156 - 0.1513 range

🛑Stop loss: 0.1140

🚀Target 1: 0.1530

🚀Target 2: 0.1537

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

Order book depth shows active buy support below 0.15, but funding rates have turned positive, indicating short-term profit-taking demand. Open interest remains stable with no signs of large-scale withdrawal, suggesting this rally is driven by genuine funds. After such a strong surge on the 1H timeframe, the first pullback to EMA20 or previous breakout levels is an excellent second entry point with a better risk-reward ratio.

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