From an experienced perspective, this SOMI trend is quite interesting, brothers.
I've been in this circle for so long, just a glance at the data can give me a basic idea of whether a coin has potential. Today's movement of SOMI has kept me watching for a while, to put it simply, here are three points on why I think it can play.
First, volume and price are rising together, not just false heat.
24 hours up 25.9%, looks fierce, but the key is in the trading volume——7,698 million SOMI, transaction amount 20.41 million U, this scale indicates that real money is rushing in, not something that a few big players can orchestrate. Especially now that the market is fluctuating around 0.28 without any violent ups and downs, it shows that the turnover is relatively solid, and the foundation is strong.
Secondly, the moving averages are converging, and the direction choice is right in front of us.
You can see on the chart that MA60 is at 0.2858, and the current price is 0.28, just a slight distance apart. This position typically signals a potential change; it could either surge up to open up space or pull back to gather strength. The current price is hovering near the moving averages, and I think it’s washing out floating positions. If it stabilizes above 0.286 with volume, the probability of moving up increases.
Thirdly, sentiment is warming up, and short-term momentum is strong.
Today’s increase is 25%, but looking at the last 7 days it’s only +8%, and it’s still down over 30 days, indicating that this recent wave has just started. Short-term indicators like VOL are continuously increasing, and buying pressure is clearly more active than in previous days. Once this sentiment rises, it is easy to attract more attention and form a positive cycle.
My operational thinking, for the reference of loyal followers:
1. If you are already in, hold the support at 0.275; if it doesn't break, you can hold on and see, with the initial target near the previous high of 0.304.
2. If you want to enter the market, don’t go all in at once; split it into two or three times, buying in batches below 0.28, and add more every time it drops a bit to average down your cost.
3. Remember to set a stop loss; if it falls below 0.272, the short-term momentum may weaken, and you should exit without waiting.
The crypto world is most afraid of chasing highs and selling lows; SOMI has not yet reached the main upward wave, but the data has already given a signal. The rest is patience and discipline. I will keep an eye on whether it can stabilize around the moving averages this week, and I will update you if there are any developments. Stay calm, don’t be scared by the increase, and don’t get shaken out by the fluctuations.
Veterans only make informed judgments, not bragging or shouting orders, let's encourage each other.
