Technical analysis by The_Traders_House about Symbol SOON: Sell recommendation (11/10/2025)

SOONUSDT.P is currently in a decline following a pump. I wouldn’t call it a correction — it’s more likely a typical dump that usually follows sharp upward moves. There’s a clearly confirmed support level and several hours of consolidation forming just above it. This indicates that long positions are being exited, as each local high is lower than the previous one. Expecting a short continuation in the near term. Key factors for this scenario: Asset decoupled from the market (relative strength/weakness vs. BTC) Liquidity grab (false move against the trend) Volatility contraction on approach Immediate retest No reaction after a false break Closing near the bar's extreme Was this analysis helpful? Leave your thoughts in the comments and follow to see more.The asset remains in consolidation after an unsuccessful attempt to move upward — another signal favoring a short scenario. Continuing to monitor the asset.The analysis is still valid. I continue to wait