Today's price prediction for SOON on January 31, 2026, indicates a slight upward movement despite the market being generally in a fairly challenging phase.
Here is a summary of the analysis for today:
1. Price Target & Trend
Daily Prediction: The price is predicted to move in the range of $0.2307 to $0.28 per coin.
Market Sentiment: Currently positioned at Strong Bearish (90%) with a Fear & Greed Index score at level 16 (Extreme Fear). Price volatility has been recorded quite low at 1.2% over the last week.
Price Action: In the last 24 hours, the price has corrected by about -3.63% towards the level of $0.30 on certain exchanges.
Technical Analysis
Indicators: Today's movement is expected to slightly rise by about 0.35%.
Resistance & Support: If it can hold above the level of $0.23, this coin has the potential to reach a moderate target of $0.2313 in early February.
Moving Average (SMA): The price is currently below the 50-day SMA ($0.3914) and the 200-day SMA ($0.5139), indicating that selling pressure remains dominant in the medium term.
3. Driving Factors
Liquidity: Traders are advised to monitor the depth of the order book on major exchanges following delisting issues on several platforms, which could affect price stability.
Unlock Token: Ongoing selling pressure from the token unlock schedule remains a key risk factor to watch out for
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