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$SOON Long 50x – This level continues to hold strong.
SOON is reclaiming the 0.16360–0.16500 zone, and I've just entered a Long 50x Isolated position.
Trade Plan:
- Entry: 0.16360 – 0.16500
- TP1: 0.16851 (R:R 1:1.0)
- TP2: 0.16992 (R:R 1:1.3)
- TP3: 0.17272 (R:R 1:2.0)
- SL: 0.16009
Why this setup?
- The 4h long setup remains active, while daily context stays bearish as price reacts from 0.16360–0.16500 near 0.16430.
- The 15m RSI sits at 40, leaving room for buyers to push higher.
- 15m volume is 1.60x, with 220.28K traded versus 137.80K expected, confirming real buy-side participation.
#TradfiTradingChallenge