$SOMI
/USDT — LONG Trade Signal 💥🔥
$SOMI is consolidating tightly after a strong impulsive push toward the 0.205–0.210 resistance zone. A higher low has formed around 0.190, and price is now holding above 0.195, indicating accumulation before a potential breakout continuation.
The liquidity wick near 0.210 shows strong upside interest, and the current compression near resistance suggests a breakout attempt is building. Maintaining support above 0.190 keeps the bullish structure intact.
Trade Setup – LONG $SOMI
Entry Zone: 0.194 – 0.198
Take Profit 1: 0.205
Take Profit 2: 0.212
Take Profit 3: 0.220
Stop Loss: 0.188
Market Outlook:
Momentum on the 1-hour chart remains constructive, with higher lows forming. A clean breakout above 0.210 could trigger an accelerated bullish move. Breaking below 0.188 would invalidate the short-term bullish setup.