$SOMI The current price is based on the important Fibonacci level 0.786 at a price of 0.2408. This level is considered technically the "last line of defense" for buyers; a bounce from here maintains the bullish structure, while breaking it means a return to the zero point (previous low). Entering here is considered a "Deep Retracement Play" provided that there is no daily candle close below 0.2408.

​Targets:

🎯 T1: 0.2619 (retrieving the broken level 0.618)

🎯 T2: 0.2767 (Fibonacci level 0.5)

🚀 Full Extension: 0.3100