$SOMI /USDT is currently trading around 0.2247, up approximately +2.65% in the last 24 hours. After a recent short-term consolidation and higher-low formation, price is attempting to push toward the recent intraday high near 0.2288.
On the lower timeframes (15m–1H), we can see bullish structure forming with consecutive higher lows and strong green candles stepping in after dips. Momentum is gradually building, and buyers are defending the 0.2200–0.2220 area.
If price breaks and holds above the 0.2288 resistance, it could trigger a continuation move.
Trade Setup
• Entry Zone: 0.2220 – 0.2250
• Target 1: 0.2288
• Target 2: 0.2320
• Target 3: 0.2380
• Stop Loss: 0.2180
A clean breakout above 0.2288 with increasing volume would confirm strength and open the path toward higher resistance zones. However, failure to hold above 0.2200 may lead to a short-term pullback before the next attempt.
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SOMI
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