Quick analysis of the currency $SOMI / #USDT:

The currency is experiencing a complete collapse today with a drop of more than 85% from its peak yesterday, surpassing all support levels without any signs of stability. Trading volume is high but lower than previous averages, which may indicate exhaustion of selling or a rapid sell-off panic.

📉 Predictions: The market is in an unknown area. Any potential rebound from these levels is considered a technical correction (Dead Cat Bounce) and not a real recovery until stronger signs appear.

⚠️ Warning: Trading under such conditions is extremely risky. Avoid attempting to catch the bottom and wait for market stability and the formation of a clear base before making any decision.

#SOMI #criptonews #TrendingTopic

SOMI

0.2324

+5.06%