š„ SOMI/USDT ā BUY SETUP (Daily + 4H + Weekly Confluence)
This setup is showing strong reversal confirmation because multiple timeframes are indicating the same direction.
ā BUY SETUP LOGIC (As Per Your Chart & Analysis)
1ļøā£ Weekly Timeframe
The last weekly candle has formed a strong bullish engulfing pattern.
This means sellers have become weak and buyers are making strong entries.
Weekly engulfing = Higher timeframe reversal confirmation.
2ļøā£ Daily Timeframe
On the daily chart, the price has shown clear bullish momentum.
The green candle has broken the range of the previous day.
The daily structure is forming a reversal pattern from the bottom.
3ļøā£ 4H Timeframe
On the 4H chart, the price is retesting (exactly where the impulsive move started).
After the retest, the bullish candle structure indicates active buyers.
The 4H moving average crossover is also supporting the price.
4ļøā£ Entry Confirmation
Sustaining above the high of the last day ā Strong continuation signal.
Sustain means:
A 4H candle body closes
Fake breakout is avoided
Sustaining above = Clear momentum + liquidity grab complete.
šÆ ENTRY | SL | TARGET
ā¶ļø BUY ENTRY
0.2670 ā 0.2685 (Retest zone)
ā STOP LOSS
0.2660 / 0.2655
(Just below the support zone on the chart, safe SL)
šÆ TARGETS
TP1 ā 0.3050
TP2 ā 0.3500
TP3 (Swing) ā 0.4048 (your zone on the chart)
š§ Why This Buy Setup Is Strong?
Multi-timeframe bullish alignment
Weekly engulfing = trend reversal
Daily bullish structure intact
4H retest + bullish response
Clear resistance break + confirmation of sustain
