Rising EMAs And New Listings Fuel Breakout Setup Toward $3

• SOON price today trades near $2.28, consolidating within a tightening symmetrical triangle after a 200 percent weekly rally.
• Rising EMAs and VWAP reclaim show buyers defending trend support, with $2.60 acting as the breakout trigger toward $3.
• New exchange listings, increased holder count, and team buyback activity fuel strong bullish sentiment and liquidity inflows.

SOON price today is trading near $2.28, consolidating after a vertical rally that sent the token up more than 200 percent in a week. Buyers continue defending higher lows, keeping SOON within a tightening symmetrical triangle. The next move depends on how price reacts at the rising trendline and the $2.60 ceiling.

Compression Points To A Breakout

On the 4-hour chart, SOON is trapped between rising trendline support and flat resistance near $2.60. The structure shows a classic squeeze:

• Higher lows tracking the ascending trendline
• Sellers defending a static ceiling
• Tightening range, shrinking volatility

The pattern is clean, and the market has stopped printing lower lows since the initial surge. All major EMAs — 20, 50, 100, and 200 — are rising beneath price. This alignment reflects a controlled uptrend rather than a speculative spike.

The key level on trendline support sits around $2.06. As long as candles keep closing above that level, the triangle remains valid.

RSI on the 4-hour chart is above 60, indicating buyers remain in control without pushing into overbought territory. There is still room for continuation.

Intraday Traders Guard VWAP

Shorter timeframes show disciplined dip buying.

On the 30-minute chart:

• Price continues to reclaim the VWAP after every pullback
• Supertrend flipped bullish when SOON broke above $2.14 and remains green
• Volume spikes on aggressive buys, followed by low-volume pullbacks

This behavior indicates accumulation, not distribution. Sellers attempt to push price down, but bids return when SOON revisits the liquidity zone near $2.23–$2.14. A 30-minute close above $2.44 opens the path back to $2.60.

Catalysts Are Fueling The Bull Case

Recent developments have attracted speculators:

• Decoupled SVM tech marketed as “Solana speed, multi-chain flexibility”
• A $200,000 team buyback at $0.14, signaling internal confidence
• Listings on Bitget, KuCoin, and INDODAX increasing order flow
• 25,000 holders and over $110 million daily volume

The “Solana of 2025” narrative is circulating on X, and liquidity from new listings often results in sustained volume, especially when retail FOMO converges with technical setups.

Outlook. Will SOON Go Up?

The breakout direction is defined by a single decision point.

• Bullish scenario: A clean breakout above $2.60 with volume confirms continuation and targets $3.00–$3.15. Above $3.00, momentum traders take control again.
• Bearish scenario: A close below $2.06 breaks the trendline and shifts price toward $1.69. Below $1.69, the rally loses structure.

Bottom line: Hold the trendline, break $2.60, and the next leg begins.