šš„ SOMI waking up ā buyers are stepping back in. šš
After a clean bounce from demand, $SOMI is starting to show signs of strength again, and the chart is quietly flipping bullish šŖ
š Technical Breakdown
š”ļø Support / Demand: Price strongly defended the $0.26ā$0.28 zone ā buyers stepped in and protected this level.
š Market Structure: Clear higher lows are forming, signaling improving structure and weakening seller pressure.
š Momentum & Volume: Volume expanded on the bounce, confirming this move is backed by real demand, not just a dead-cat bounce.
š§ Resistance: First key resistance sits around $0.34ā$0.36, where price previously faced supply.
ā” Why Momentum Is Shifting SOMI stopped printing lower lows, buyers are entering earlier on dips, and volume confirms accumulation š¦ This is typically how trend reversals begin ā before the crowd notices.
š¢ Long Trade Idea
š§² Strategy: Buy dips into support or hold spot positions while structure stays bullish.
š Bias: Trend continuation as long as higher lows remain intact.
ā³ Approach: Stay patient and let momentum build ā no need to chase.
šÆ Key Levels
š© Support Zone: $0.26 ā $0.28
š„ Resistance: $0.34 ā $0.36
š Major Upside / ATH Zone: $0.45+ if momentum expands
ā ļø Risk Management Always manage risk ā invalidate the setup if price loses the support zone and structure breaks. Protect capital first, profits follow.
