$SOMI /USDT BEARISH PRESSURE – SUPPORT TEST AHEAD ⚠️
$SOMI /USDT is under pressure after a 5.21% drop, failing to sustain recent highs near $1.267. The market shows weakness as sellers dominate, suggesting a short-term pullback toward critical support at $1.142. Caution is advised for aggressive traders.
Trade Setup:
Entry Zone (Short): $1.195 – $1.205
Take Profit 1: $1.160
Take Profit 2: $1.142
Stop Loss: $1.220
Short Market Outlook:
Momentum has shifted bearish with increased selling volume. Trend is weakening on the 15m–1h charts. Immediate support at $1.160 and $1.142 is crucial; a break below could extend losses toward $1.130. Resistance now sits at $1.210 and $1.220.
buy and trade here on $SOMI
SOMI
0.1858
+6.59%