$SOMI
The price is in a highly overbought area with a sharp rise.
If the rise continues: targets 0.2457 then 0.2500.
If a correction occurs: entry at 0.2321–0.2330 while monitoring support.
Bullish outlook but with a warning of a quick correction due to overbought conditions. Enter only after a correction and exit at resistances.
🟢 Entry target:
From 0.2321 to 0.2330 (after potential correction)
🎯 Exit targets:
1. 0.2412
2. 0.2457
3. 0.2500
⛔ Stop loss: 0.2245
· Price: 0.2411 (strong rise +8.02%).
· EMA7 above EMA25: short-term bullish trend.
· RSI(6): 82.9 (highly overbought – correction risk).
· Stochastic RSI: 86.5 (strong buyers but overbought).
· MACD: positive (continuing upward momentum).
· OBV: negative (high selling volume despite the rise – dangerous divergence).
