🔥$SOMI Bullish consolidation
• The asset has experienced explosive growth (+56% in 24h) and is currently consolidating between 0.33-0.36.
• The recent rejection at 0.4136 suggests some profit-taking, but the overall structure remains bullish with higher lows.
• Recent candles show declining volume during consolidation, typical after major moves
• Capital Flow: Recent 1H net inflow +80K
Entry long $SOMI
• Optimal: 0.332-0.338 (retest of MA20/Support confluence)
• Aggressive: Current levels 0.346 with smaller position size
Stop Loss: 0.3220-0.3340 area, just below key support
Target Levels $SOMI : 0.403 - 0.456
Support me just Click below to Trade 👇 Cheers
SOMIUSDT
Perp
0.2426
-33.98%