Update SOMIUSDT – 18 Nov 2025, Morning :
Current price $SOMI : 0.2906 USDT
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🔺 Bullish Scenario:
The price is undergoing a small pullback after touching a low of 0.2827. If the candle can close above the EMA 9 (0.2902) and break through the EMA 21 (0.2936), a short-term reversal momentum could form.
If it successfully breaks 0.2959, the potential for further upward movement to retest the major resistance area 0.3035 – 0.3098.
Target up: 0.2959 → 0.3035 → 0.3098
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🔻 Bearish Scenario:
The price is still below the EMA 9, 21, and 55 — the structure is still in a downtrend. If it fails to break through the EMA 21 and falls back below 0.2870, selling pressure could bring the price down to retest 0.2827.
If 0.2827 breaks, the potential to move towards 0.2750 – 0.2700 opens up.
Target down: 0.2870 → 0.2827 → 0.2750
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📝 Conclusion:
SOMIUSDT is still under bearish pressure but is trying for a minor rebound. The level of 0.2936 (EMA 21) will determine whether the price can achieve a short-term recovery or continue to decline. There is potential for an upward move, but it is not strong yet before breaking through 0.2960–0.3000. #dyor
