$SOMI is holding steady above key range support, showing tight consolidation and repeated defense of lower levels
SOMI
0.1658
-3.21%
Trading Plan — Long Setup
Entry: 0.182 – 0.186
Stoploss: 0.175
Targets: 0.195 – 0.205 – 0.215
Price continues to compress above support, with dips consistently being absorbed—suggesting accumulation rather than distribution
Structure remains intact, and momentum is stabilizing after a low-volatility phase. This kind of range compression often precedes expansion moves, especially when spot demand stay active despite mixed derivatives positioning