Dear followers, take a close look at what just happened here.
Price was bleeding slowly, candle by candle, shaking out weak hands and making the move look exhausted around the 0.27 area. Right when confidence was at its lowest, $SOMI completely flipped the script.
One strong impulsive candle erased all that selling pressure and pushed price aggressively toward the 0.41 zone. That kind of move doesn’t come from random buying — it’s a clear sign of strong demand stepping in and trapping sellers below.
Now the key thing I’m watching is how $SOMI
behaves above the 0.36–0.38 area. As long as this zone holds, the structure remains strong and pullbacks look more like continuation than weakness. A clean hold here keeps the door open toward the 0.42–0.43 region, while losing it would cool momentum.
This is exactly why patience pays in this market.
Are you waiting for a pullback on $SOMI, or already holding from the lower levels?