Let’s analyze the chart for SOMI/USDT.

Quick Observations:

Current Price: $0.8276 (down -8.85% today).

24h Range: $0.8256 (low) – $0.9495 (high).

7-day Trend: -34.7% → clear downtrend recently.

Candlestick Pattern (1D chart):

After a big rally up to $1.9061, price corrected sharply.

Now it’s consolidating lower, forming lower highs and lower lows (a bearish structure).

Indicators:

AVL (0.8849): Current price ($0.8276) is below AVL, showing weakness.

STOCH RSI: 1.1587: Very low — near oversold region, which means sellers may be exhausted soon.

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📉 Bearish Signals:

Price is consistently dropping with strong red candles.

Trading below moving average (AVL line).

Down -34% over last week → strong selling pressure.

📈 Possible Bullish Signs:

STOCH RSI oversold → could see a short-term bounce or relief rally.

Support zone: $0.82 – $0.80. If this holds, a rebound to around $0.92 – $1.00 is possible.

🧎🏻🧎🏻 Next Move Likely:

Short-term: Could test support around $0.80. If it breaks, price may fall toward $0.57.

Bullish scenario: Only if buyers defend $0.80 and push back above $0.90 → then $1.00+ is possible.

Overall trend (near-term): Still bearish until it breaks above $0.95–$1.00 with volume.

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✅ My suggestion:

If you are holding, watch $0.80 support carefully.

If you are planning to buy, better wait for confirmation (a bounce with green candles + higher volume).