SOMI/USDT Showing Bullish Momentum! 🚀
SOMI is currently trading at $0.7785, posting a strong +7.26% gain today. With high trading volume and significant price movement, this Layer 1 token is attracting attention.
Key Highlights:
· 24h Range: $0.6780 - $1.0303
· 24h Volume: 137.41M USDT
· Current price is above EMA(7) at $0.7386, indicating short-term bullish momentum
· Critical resistance near the 24h high of $1.0303
Technical Context:
· Trading between key EMAs (7/25/99)
· Strong volume support with MA(5) exceeding 29M
· Recent breakout above recent consolidation levels
⚠️ Important Note: While showing positive momentum today, remember that SOMI is down -17.52% over the past week. Always do your own research and manage risk appropriately.
Data shown is for informational purposes only. Not financial advice.
