$SOMI showing clear exhaustion after a sharp vertical pump 🚨
Price got rejected hard at the highs and now starting to lose momentum. After such aggressive upside, this kind of rejection usually signals distribution before a pullback.
Sellers are stepping in, and the structure is shifting from impulsive to weak consolidation — not something bulls want to see here.
Trade Plan (Short):
Entry: 0.230 – 0.240
SL: 0.255
TP1: 0.210
TP2: 0.195
If price fails to reclaim the highs quickly, downside continuation looks likely. Manage risk properly and don’t chase late entries ⚠️
SOMIUSDT
Perp
0.1811
+2.89%