$SOMI /USDT Current price is showing steady strength with a +4.1% move in the last 24 hours. After a sharp pullback from the 0.261 resistance, SOMI found support near 0.247–0.248 and has since started to recover, forming a short-term base.

On the 1H timeframe, momentum is shifting bullish:

Higher low formed after the sell-off

Gradual recovery with improving candle structure

Price reclaiming the 0.252–0.253 area, which now acts as support

This indicates buyers are stepping back in and momentum is rebuilding.

Trade Setup (Bullish Continuation)

Entry Zone:

0.252 – 0.255

Target 1:

0.258 (minor resistance / range high)

Target 2:

0.261 (24h high / key resistance)

Target 3:

0.268 – 0.272 (range expansion / momentum continuation)

Stop Loss:

0.247 (below demand and structure support)

Invalidation

A 1H close below 0.247 would break the recovery structure and invalidate the bullish setup.

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SOMI

0.2591

+0.03%