$SOMI /USDT –Bullish Reversal from Key Lows
Long Trade Signal
Analysis: SOMI has decisively rejected the 0.2370–0.2390 demand zone with a strong bullish engulfing candle and expanding volume. Momentum has flipped higher, positioning price for a retest and potential break of the 0.2550–0.2600 supply area.
Entry Range: 0.2425 – 0.2455 (retest / confirmation zone)
Take-Profit Levels:
– TP1: 0.2510
– TP2: 0.2590
– TP3: 0.2680
Stop-Loss: 0.2375 (below rejection low)
Risk-Reward: ~1:2.1 at TP1, up to ~1:5.2 at TP3
Invalidation: 4H close below 0.2375.
Bullish bias remains firm above 0.2400. Enter on strength or shallow pullback; manage risk tightly.
SOMIUSDT
Perp
0.2331
+4.01%