$SOMI latest trends 🚀
Long/Short: ranging
Entry: 0.09375–0.09465
Stop loss: 0.09330
Targets: 0.09514/0.09590/0.09684
Reasoning: SOMI is currently sitting at 0.0942 on the order—so damn annoying. The two EMA lines are almost twisted into a spaghetti knot; a crossover? What crossover—it's just two dead fish lying there not moving. RSI is down to 28; by all accounts it should bounce since it’s oversold. But the market is just like this—what kind of trend? None at all, just a pile of muddy mess. I set the stop loss at 0.0933—it's only 9 pips away. If it breaks, it’ll probably sink further, but who can say for sure? Just lie low; don’t come at me with “buying the dip.” Entering here is betting—betting that the lower end of this ranging zone holds. Anyway, I can’t be bothered to move anymore. Whoever wants to—let them. If the account shrinks, consider it tuition. Wait for the coin to pick a direction on its own one day. Getting in now is just fuel for the market makers.
Risk warning: Suggested stop-loss level: 0.093296. Please adjust position size according to your own risk tolerance
#SOMI
Long/Short: ranging
Entry: 0.09375–0.09465
Stop loss: 0.09330
Targets: 0.09514/0.09590/0.09684
Reasoning: SOMI is currently sitting at 0.0942 on the order—so damn annoying. The two EMA lines are almost twisted into a spaghetti knot; a crossover? What crossover—it's just two dead fish lying there not moving. RSI is down to 28; by all accounts it should bounce since it’s oversold. But the market is just like this—what kind of trend? None at all, just a pile of muddy mess. I set the stop loss at 0.0933—it's only 9 pips away. If it breaks, it’ll probably sink further, but who can say for sure? Just lie low; don’t come at me with “buying the dip.” Entering here is betting—betting that the lower end of this ranging zone holds. Anyway, I can’t be bothered to move anymore. Whoever wants to—let them. If the account shrinks, consider it tuition. Wait for the coin to pick a direction on its own one day. Getting in now is just fuel for the market makers.
Risk warning: Suggested stop-loss level: 0.093296. Please adjust position size according to your own risk tolerance
#SOMI