SoundHound AI, Inc. (SOUN): High Volatility Testing Support Leve
SOUN 🔥 LucanInvestor’s Strategy:
🩸 Long: Above $20.04, targeting $22 and $24. Positive momentum needed to confirm recovery.
🩸 Short: Below $14.96, aiming for $12 and $10. Increased selling pressure evident from volume.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $20.04. A breakout may restore upward momentum towards $22.
🩸 Support: $14.96. A breakdown risks deeper corrections to $12 and $10.
🩸 SoundHound's rapid descent reflects high volatility in the AI sector. Traders should remain cautious but focused on key levels to leverage both breakout and breakdown opportunities.
👑 "Adaptability is your greatest ally in volatile markets." — LucanInvestor
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