#CryptoTrading. #TechnicalAnalysiss #Signalš„.
šTechnical analysis (1 hour) $SOMI /USDT
$SOMI price fluctuates at ~0.2398 USDT with a growth of +3.90% per day. -11.49% per week, -44.11% per month. The general short-term trend is neutral with elements of recovery after the local bottom of ~0.2126 USDT. A potential falling wedge is forming, which may signal a bullish reversal, but with high volatility (24.15% in 30 days). Trading volume is ~2.17M (below MA5: 4.32M), indicating weak activity. ATH in September 2025 ā 1.9061 USDT, now -87% from the peak.
Key indicators (from the chart):
⢠Bollinger Bands (20.2): Upper band 0.2418, middle (MA) 0.2281, lower 0.2144. Price near the middle ā consolidation zone, possible breakout upward with volatility.
⢠MACD: 0.00023 (weak bullish crossover, but close to zero ā neutral).
⢠RSI (6/12/24): 78.53 / 68.01 / 59.43 ā overbought on short timeframes (6-hour), risk of correction, but not critical.
⢠Volume: Decreasing, but with MA10 ā support at 0.2144.
Trend: Short-term bullish (recovery from the bottom), but overall bearish due to token unlocks in November and Fear & Greed Index ~22 (fear).


Signals:
š¢Buy: Weak ā when fixed >0.2440 (top BB) with volume >4M. Target: 0.2567 (resistance), stop-loss 0.2144. Probability ~40% (neutral oscillators).
š“Sell: Strong ā when broken <0.2144 (bottom BB) or RSI >80. Target: 0.2111 (support), stop-loss 0.2263. Probability ~60% (bear week + unlocks).

