$SOMI
SOMIUSDT
Perp
0.2623
-4.79%
Strong bullish breakout
SOMI/USDT has risen over 38%, surpassing the $1 mark with strong momentum and high volume, confirming a strong bullish breakout. As long as it remains above the psychological level of $1, further upward movement towards 1.05 – 1.08 seems likely.
Trade setup:
Entry: 0.995 – 1.005
Target (TP): 1.05 / 1.08
Stop Loss (SL): 0.945
Risk management: Secure a portion of profits at strength to avoid reversal risks after the sharp increase.