SOON/USDT on July 5 likely completed its final shakeout a classic liquidity grab and cleanout move before a potential reversal. The price is showing early signs of strength around the current zone, indicating the possibility of a trend shift.
I plan to DCA from current market price down to $0.128, identifying this as a strong accumulation area. Targeting a potential move towards the $0.31 zone, offering a solid risk-to-reward setup if the reversal unfolds as expected.
I plan to DCA from current market price down to $0.128, identifying this as a strong accumulation area. Targeting a potential move towards the $0.31 zone, offering a solid risk-to-reward setup if the reversal unfolds as expected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.