š $SOMI /USDT ā BULLISH BREAKOUT POINTS TO FURTHER UPSIDE š
$SOMI has printed a strong +12% impulsive rally, reclaiming and holding above all key moving averages. Price is consolidating just below the recent high, signaling healthy accumulation rather than distribution. With Layer-1/Layer-2 momentum and supportive volume, SOMI is well-positioned for a continuation move.
š TRADE SETUP
Entry Zone: 0.2720 ā 0.2810
Take Profit 1: 0.2950
Take Profit 2: 0.3200
Take Profit 3: 0.3500
Stop Loss: 0.2580 (below MA99 & structure support)
š SHORT MARKET OUTLOOK
Trend: Bullish (price above MA7 / MA25 / MA99)
Momentum: Strong impulse, brief consolidation favors continuation
Key Supports: 0.2720 ā 0.2660 ā 0.2580
Key Resistances: 0.2950 ā 0.3200 ā 0.3500
Volume: Elevated vs averages, confirming buyer control
As long as SOMI holds above the 0.27 demand zone, pullbacks remain buy-the-dip opportunities. A clean break and hold above 0.295 can trigger the next expansion phase.
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