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$SOON's been grinding sideways after that nasty dump, stuck around the 1.460 zone right now. If you pull up the 15-minute timeframe, there's a textbook bear flag forming—resistance sitting heavy at 1.800 while support's barely hanging on at 1.200. Here's the thing: breakdown pressure is mounting, and if that 1.200 floor cracks, we could see a quick flush down to 0.900.
For any bullish reversal play, price needs to punch back above 1.800 ASAP. Otherwise, the momentum stays tilted bearish. Volume's thinning out too, which isn't exactly encouraging for the bulls.