Longing for bullish from a whole day

$SOON
{future}(SOONUSDT)

{alpha}(560xb9e1fd5a02d3a33b25a14d661414e6ed6954a721)
SOONUSDT has dropped over 18% in the last 24 hours, making it one of the most heavily sold meme coins on Binance today. With RSI dipping below 45 and price nearing key support, traders are watching for signs of stabilization or further downside.
📈 Technical Analysis
On the 4H chart, SOONUSDT is showing a short-term bearish trend.
- Support: $0.34200
- Resistance: $0.61242
- Pattern: Sharp rejection from $0.61, forming a steep downtrend toward $0.34
- Volume: 65M suggests active selling pressure
- RSI: At 43.56, leaning bearish but not yet oversold
- MA(5) and MA(10): MA(10) > MA(5), confirming bearish momentum
Outlook: Bearish in the short term, with potential for bounce near support
📰 Market Data & News
- Current Price: $0.35519
- 24h Change: -18.40%
- No major headlines, but meme coin fatigue and profit-taking are likely drivers
🔄 Scenario Breakdown
Bullish Case: A bounce from $0.342 with volume could trigger a relief rally toward $0.40
Bearish Case: Continued rejection and breakdown below $0.342 would open downside toward $0.30
📊 Sentiment Meter
📉 Bearish Bias – Sellers in control, weak volume recovery
⚠️ Risk Level
🔴 High – Volatile price swings, weak support, unclear trend
💬 What’s your play if SOON hits $0.40 or drops back to $0.30? Drop your strategy below 👇
📉 Drop your chart view below 👇
📊 Comment your bias: Bullish or Bearish?
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SOONUSDT #CryptoAnalysis #BinanceSquare #MemeCoin #BinanceTurns8
📢 Not financial advice. Always DYOR and manage your risk.