$SOMI Sliding Into Support — Momentum Still Heavy SOMI is trading at $0.2536 (-18.19%), continuing a clean sell-off from the $0.31–$0.32 rejection zone. The chart shows lower highs and lower lows, with price now pressing into the $0.251 demand area — this move looks like distribution, not accumulation ⚠️
So far, there’s no strong bounce, only weak pauses, suggesting sellers remain in control. Any short-term green candles here should be treated as a relief bounce unless structure flips back above resistance.
🔑 Key Levels to Watch:
• Immediate Support: $0.2510 – $0.2480
• Major Support: $0.2350 – $0.2200
• Resistance Zones: $0.2680 → $0.2880 → $0.3120
❌ Trend bias remains bearish below $0.27
📉 Weak bounces = selling pressure still active
⚠️ Catching bottoms is risky — wait for confirmation
💬 Do you see SOMI forming a base here, or is this just another pause before the next leg down? 👀
Trade #SOMI here
SOMI
0.26
+15.04%