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【$SOON Signal】Go long + 1H pullback to the Bollinger middle band; the 4H uptrend is not broken
$SOON RSI 1H 61.07, but 4H surged to 76.85; short-term momentum is fading, yet the uptrend remains intact. Bollinger Bands 1H contract to 0.2229-0.2995; price pulled back to the middle band at 0.2612 and then rebounded. MACD 1H has a dead cross, but the histogram is shrinking; 4H MACD is still in the bullish zone, and the pullback-to-long logic holds. Current risk-reward is 1.5, suitable for quick in-and-out.
🎯 Direction: Go long
⚡ Entry/limit order: 0.273776 - 0.274600
🛑 Stop loss: 0.271854
🚀 Target 1: 0.278719
🚀 Target 2: 0.280779
🛡️ Trade management:
- Execution plan: After reaching Target 1, cut position by 50%, and move the stop loss up to breakeven. If price drops back to the entry zone, automatically exit to protect principal.
Deep logic: 1H RSI 61 is neutral-to-strong; the funding rate is 0.0063% and relatively low, with no risk of a squeeze short. Order-book depth is positively skewed by 4.93%, indicating weak sell-side liquidity. On 4H, EMA20/50 are in a bullish alignment; the prior pullback to EMA20 0.2265 has long since moved away, and price is currently supported by EMA20 1H 0.2628. Closely watch the support strength below 0.2720; if it breaks with increased volume to the downside, the long position thesis fails.
Check live market 👇 $SOON
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