SOUN Long Setup: Leveraging Bullish Momentum and EMA Support

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SOUN Long Setup: Leveraging Bullish Momentum and EMA SupportSoundHound AI, Inc.NASDAQ:SOUNgraphsandcoffeeAfter analyzing the 45‑minute chart for SoundHound AI (SOUN), I'm seeing a constructive consolidation just above the 9‑period EMA and VWAP, suggesting buyers are stepping in after the recent run from $15. Volume remains elevated relative to the 30‑day average, indicating that interest is still high following positive news from its Red Lobster partnership and ahead of earnings in four days. My plan is to enter long around the 17.55‑17.65 zone as price holds above the intraday support at $17.50. A protective stop would be placed below the swing low near $16.90 to give the trade room to breathe. The initial profit target is $18.50, where recent highs and the upper range of the consolidation converge; if momentum continues, a secondary target around $20 could be reached. This setup offers roughly a 3:1 risk‑to‑reward ratio. If price fails to hold the 9‑period EMA and breaks below $17, I'll exit the trade to preserve capital.