Chart Request - $SOON
$SOON is currently within the confines of a descending triangle, with its current position resting on a crucial horizontal support level. A breach of this support could potentially drive $SOON down to 0.008$ - $0.004. Conversely, a breakout above the trendline resistance holds the potential to propel $SOON to levels between $0.014 and $0.018.
Considering the technicals, traders may contemplate either a long or short position upon a retest, depending on the direction of the breakout. However, it's important to exercise caution. I have conducted a brief evaluation of this project, and I would strongly advise refraining from trading $SOON. The coin exhibits low liquidity, making it susceptible to price manipulation. If you are considering an investment in this project, thorough research is recommended.
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