🔥 SOMIUSDT | Short-Term Market Update 📊

$SOMI has seen a strong bearish move recently and is now trading near a demand / support zone. Current price action suggests potential stabilization, but trend is still weak, so confirmation is important 👀

SOMI

0.2625

-15.56%

SOMIUSDT

Perp

0.262

-15.29%

SOMI

Alpha

0.26235

-15.51%

📌 Bullish Scenario (Buy Setup)

If price starts holding above the current base and shows a reversal:

✅ Entry (Buy Zone):
0.260 – 0.268
(Recovery & hold above intraday support)

🛑 Stop Loss (SL):
❌ 0.248
(Below recent panic low)

🎯 Take Profit (TP):
🥇 TP1: 0.280
🥈 TP2: 0.300
🥉 TP3: 0.325

➡️ A strong bounce from support + volume increase can trigger a fast relief move 🚀

📉 Bearish Scenario (Sell Continuation)

If price fails to hold 0.255 and gives a strong breakdown:

📌 Sell Targets:
👉 0.240 – 0.225 zone

This would indicate continuation of the downtrend.

🧠 Market Insight

• Short-term trend: Bearish → Possible Dead-Cat Bounce

• Price at key demand area

• Confirmation needed via higher low / bullish candle close

• High risk — manage position size carefully ⚠️