$SOMI /USDT is trading at $0.2018, down -2.2% intraday, following a $1.37K long liquidation at $0.2046 📉
On the 5m–15m timeframe, price shows a sharp downside sweep through the liquidation level, followed by a weak bounce and lower-high consolidation—indicating seller dominance after longs were flushed.
📊 Key Levels
Support: $0.1980 – $0.1905
Resistance: $0.2050 – $0.2140
📈 24h Range & Volume
High: $0.2168
Low: $0.1962
24h Volume: $14.2M
📉 Order Book Insight
Asks are stacked around $0.205–$0.210, showing strong overhead supply, while bids are thinner near $0.198. This reflects bearish control with limited buyer absorption post-liquidation.
📊 Performance Snapshot
Today: -2.2%
7D: +4.9%
30D: +12.7%
90D: +21.3%
1Y: +47.6%
📈 Outlook
Bullish recovery requires reclaiming $0.205 with strong volume, signaling absorption of sell pressure and potential reversal toward $0.214+.
Downside risk increases if price loses $0.198 support, which could trigger a move toward $0.190–$0.182 zone.
Directional Insight: Short-term bearish bias, with liquidation-driven weakness suggesting further downside unless resistance is reclaimed.
