SOMI Technical Alert: Rejection at Resistance! šØ
SOMI spiked to 0.30 but faced massive rejection with a long upper wick, signaling strong selling pressure from the bears. š The price is overextended on the 1H chart and likely correcting to retest support levels.
š» Strategy: Bearish Bias (Short Term)
šÆ Target: 0.2350 - 0.2200
š Resistance: 0.2600 - 0.2800
Watch for a stabilization at 0.23 before any potential reversal! Trade safe.
SOMIUSDT
Perp
0.2642
+14.47%
SEIUSDT
Perp
0.1327
-0.37%
