$SOMI Price rejected from the local top and is currently pulling back into a key demand zone.
Support around 0.27–0.29 is being tested with buyers showing absorption on the downside.
Momentum cooled after strong impulse, but higher timeframe trend remains bullish.
Structure is bullish with a corrective pullback, continuation possible after support validation.
Trade Setup: Long
Entry Zone: 0.275 – 0.295
Target 1: 0.315
Target 2: 0.340
Target 3: 0.380
Target 4: 0.420
Stop Loss: 0.255
Manage risk due to pullback phase and recent volatility.
Do your own research before taking any trade.
SOMIUSDT
Perp
0.2398
-32.08%