SOMI/USDT Momentum Check
$SOMI is trading around 0.2801, up +8.31%, after a sharp impulse move that topped near 0.3045. The rally cooled into a tight consolidation, which is constructive rather than weak.
Price is holding above the MA(99) ~0.268, showing trend support remains intact. Short-term MAs (7 & 25) are flat and compressing near price, signaling a decision zone. As long as SOMI defends the 0.276–0.272 area, buyers stay in control.
Volume spiked during the breakout and has since normalized, typical after a strong expansion. This suggests absorption, not distribution.
Key Levels
Resistance: 0.286 → 0.296 → 0.304
Support: 0.276 → 0.268
Invalidation: Clean loss below 0.268
Holding this base keeps SOMI primed for another push. A reclaim above 0.286 can reopen the path toward the 0.30+ zone, while failure to hold support risks a deeper pullback into trend support. Risk management matters here.
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