$SOMI
SOMI/USDT is showing strong bullish potential after recent consolidation near its key support zone. Buyers are stepping in, and momentum is gradually increasing, suggesting a possible upward move if overall market conditions remain favorable.
Key Support Levels:
$0.045 – Immediate support, previous consolidation area
$0.042 – Stronger support, historical demand zone
$0.040 – Critical support, breakdown could trigger deeper correction
Trade Targets:
Short-term Target: $0.050 – First resistance, potential profit-taking zone
Mid-term Target: $0.055 – Next resistance, breaking could confirm bullish trend
Aggressive Target: $0.060 – Major resistance, aligns with previous highs
Trading Strategy Insight:
Traders may consider entering near $0.045-$0.046 with a tight stop-loss below $0.042 for a safer risk-reward ratio. Momentum traders could look for a breakout above $0.050 with strong volume confirmation for aggressive upside.#USJobsData #Write2Earn