$SOMI – Short Setup (Quick Analysis)

Short Bias:

SOMIBSC
SOMIUSDT
0.2999
+14.29%

Entry zone: 0.36 – 0.39

Invalidation: Clean breakout and acceptance above ~0.40

Downside targets:

First: ~0.30

Deeper liquidity: ~0.22 – 0.18 (previous base)

Context: Price has pumped aggressively (+60% intraday) and is now stalling near the 0.39–0.40 supply zone, where rejection is already visible.

Structure: Momentum is slowing after a parabolic move; this is a classic distribution / exhaustion zone rather than a healthy consolidation.

Volume: Spike in volume on the push up, followed by weaker follow-through → buyers losing control.