$SOMI token is also on full fire today! It has pumped up to $0.2651 (Rs74.35) with a pure 19.36%. This gainer in the Layer 1/2 category has clearly caught momentum today.

Sentiment is absolutely bullish because the MA(7) is also providing support with the price. Its strong support is currently visible around $0.2643, where bids are piled up. The first resistance upwards is $0.2699 (MA25), if this breaks then the next target can be $0.2783 and then even up to $0.2925. Today's high was $0.3043, which is also a key level.

The order book is a bit mixed but buying pressure is maintained. Volume is good, it seems the movement will continue. However, after such speed, a bit of consolidation might be possible.

#SOMI #Layer1 #CryptoRally #TradingOpportunity