📈 $SOMI Technical Breakout (Short Summary)

🔹 Breakout Signal:

SOMI has shown sharp surges above key resistance levels in historic rallies (e.g., breaking past $1.40–$1.48 zones), signaling breakout momentum when buyers overwhelm sellers. 

🔹 Volume Confirmation:

• Breakouts have been backed by major volume spikes, confirming participation — a classic technical validation for higher confidence in the move. 

🔹 Key Resistance:

• Watch $1.44–$1.48 resistance — breaking and closing above this zone suggests continuation to higher targets. 

🔹 Key Support:

• After breakout, previous resistance becomes support — roughly $1.32–$1.40 range is critical to hold. Falling below risks pullbacks. 

🔹 Indicators:

• Positive MACD and high RSI signal bullish momentum, but overbought readings can cause short-term consolidation. 

✔ Simple Takeaway:

Bullish breakout confirmed above resistance with strong volume; price likely to trend higher so long as support holds. Pullbacks are normal when RSI is overbought.

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SOMIBSC
SOMI
0.2437
-15.38%