🚨
$SOMI got smacked at resistance.
0.30 said NO ❌
Now price is bleeding back to support.😱
Respect your levels or the market will teach you.
Price got hard rejected at the 0.30 resistance (red line).
That level acted as strong supply — once it broke down, sellers took control and we saw a clean bearish continuation.
📉 Structure flipped bearish after rejection
📍 Previous support → resistance (classic S/R flip)
🧲 Liquidity grab near the top before dump
⚠️ Currently consolidating around 0.23–0.24
What this means:
As long as price stays below 0.30, bias remains bearish
Any bounce toward 0.28–0.30 = potential short area
If 0.23 fails, next support sits near 0.21–0.20
💡 Lesson: Always respect key horizontal levels — they tell you where big money is sitting.
Trade smart. Protect your capital. Let price confirm. 🧠📊
$SOMI #somi