{"id":12372,"date":"2025-10-02T10:41:03","date_gmt":"2025-10-02T10:41:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/soon-price-breaks-out-after-kraken-listing-will-the-rally-continue\/"},"modified":"2025-10-02T10:41:07","modified_gmt":"2025-10-02T10:41:07","slug":"soon-price-breaks-out-after-kraken-listing-will-the-rally-continue","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/soon-price-breaks-out-after-kraken-listing-will-the-rally-continue\/","title":{"rendered":"SOON price breaks out after Kraken listing \u2014 will the rally continue?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">After weeks of consolidation, SOON price has broken above key resistance. What\u2019s next for the Solana Optimistic Network token?<\/p>\n<div id=\"cn-block-summary-block_c3a66e802181145a10d63671129b1ee9\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Breakout confirmed above $0.4292 after weeks of consolidation, pushing SOON price toward August highs.<\/li>\n<li>Short-term retest likely at $0.43, but holding this level could trigger a move to $0.55\u2013$0.60.<\/li>\n<li>Stronger support lies at around $0.35, with technical confluence pointing to a potential pullback zone after an overextended move.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana Optimistic Network (SOON) token is up 25% in the past 24 hours, currently trading at around $0.48, after breaking out from weeks of consolidation above the 0.618 Fib support level. The surge appears to have been catalyzed by its recent <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/blog.kraken.com\/product\/asset-listings\/soon-is-available-for-trading\" target=\"_blank\" rel=\"nofollow\">listing on Kraken<\/a> on Sept. 26.<\/p>\n<p>The breakout propelled SOON price past the key resistance zone at $0.43 \u2014 the 0.382 Fib level  \u2014 and pushed it toward August\u2019s liquidity range. This area previously marked a sharp distribution zone, where sellers stepped in aggressively following the early August spike.<\/p>\n<p>Reclaiming this level suggests that bullish momentum is strong enough to challenge prior supply and potentially target the next resistance band between $0.55 and $0.60, where SOON price was rejected during its last rally.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=MEXC%3ASOONUSDT\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What\u2019s next for SOON price?<\/h2>\n<p>Looking ahead, a retest of the breakout zone around $0.43 is likely, as short-term traders will look to lock in profits following the sharp move. If buyers defend this zone, it could provide a launchpad for continuation toward the $0.55\u2013$0.60 resistance range \u2014 representing a potential 14% to 30% upside from current levels.<\/p>\n<p>Below that, a stronger support sits around $0.35, where the 20-day SMA converges with a rising trendline, reinforcing it as a key area of interest for dip buyers. With exchange listings often leading to overextended short-term moves, this zone looks like a more probably target for containing the decline as SOON price pulls back. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>After weeks of consolidation, SOON price has broken above key resistance. What\u2019s next for the Solana Optimistic Network token? Summary Breakout confirmed above $0.4292 after weeks of consolidation, pushing SOON&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12372"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12372\/revisions"}],"predecessor-version":[{"id":12373,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12372\/revisions\/12373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7859"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}