$SOMI — strong continuation after clean breakout
Price: 0.3054
24h Move: +12.53%
Intraday High / Low: 0.3235 / 0.2674
What’s happening
$SOMI pushed higher with strong bullish momentum, breaking above previous consolidation and printing higher highs and higher lows. Volume expanded on the move, showing real demand rather than just a quick spike. Price is holding well above short and mid-term moving averages, which keeps bulls in control for now.
Key Levels
Support: 0.290 – 0.282
Major Support: 0.260 – 0.267
Resistance: 0.323 – 0.328
Next Resistance: 0.345 – 0.360
Trend
Bullish, with healthy structure and momentum intact. Pullbacks so far look controlled.
Trade Idea (If / Then)
If price holds above 0.290 and consolidates, continuation toward 0.323 and higher remains possible.
If price loses 0.282 support, momentum may cool down, opening a deeper pullback toward 0.260 before the next decision.
Overall structure favors buyers, but after a sharp move, patience on entries matters. This looks like trend continuation, not exhaustion yet.
