SOON has adjusted from its all-time high and formed clear support around 0.29610. Yesterday's performance was quite good—up 13.70% for the day, stabilizing near 0.3867. What can we observe behind this change in trend?

From the candlestick pattern, a double bottom structure has gradually taken shape. This pattern usually indicates the accumulation of rebound momentum. Especially with this recent rally, not only has it recovered lost ground, but it also presents notable technical signals.

The pace of price breakthrough is quite interesting. From the completion of the bottoming process to the current rebound, the upward momentum has been maintained. Technical indicators are also sending some signals, with buying interest gradually entering.

The characteristic of this market trend is that the bottom momentum is sufficient. The right side of the double bottom often can extend for a period, key to whether it can effectively break through previous resistance. Currently, from a technical perspective, the price is at a relatively critical point.

The future direction depends on trading volume and the stability of the price breakout. If this upward trend can be maintained, the upside potential is worth looking forward to.