Shorting SOON/USDT at Major Supply Zone

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Price has pushed into a well-defined supply zone between 0.5296–0.5336, an area that’s triggered strong rejections in the past. Despite current bullish momentum above the Ichimoku cloud, this setup looks for a countertrend reversal as late buyers get trapped. Stop is placed just above the supply zone to protect against a breakout, while the target is set at the 0.4673–0.4869 demand zone, offering roughly a 2:1 risk-to-reward. This trade banks on supply holding and momentum shifting back to the downside.

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