$SOMI High Risk Setup ⚠️
SOMI is currently trading above the support area around $0.1730.
For this setup to stay interesting, price needs to hold above this zone. If another quick pump happens, the key confirmation would be a break above the next resistance levels.
Key Levels:
Support: $0.17
Resistance 1: $0.1762
Resistance 2: $0.1837
If SOMI holds support and breaks $0.1762, momentum could start building again. A stronger move would need price to reclaim $0.1837.
But this is still a high-risk setup. Fast pumps can also dump fast, so risk control is important.
Use proper position size, don’t overleverage, and always respect your invalidation level.
Educational only, not financial advice.