l’m watching $SOMI closely here. Price has broken the short term downtrend and buyers stepped in aggressively near support. The bounce is still early, but as long as price holds above the entry zone, a quick recovery toward resistance is likely. Momentum is shifting back to buyers, and risk remains clearly defined.
Trade Setup
Entry Zone
0.295 to 0.300
Target Points
TP1 0.316
Stop Loss
0.293
Why this setup works
I’m taking this because support held, selling pressure weakened, and price reclaimed structure. The risk is tight, and the upside offers a clean reaction trade if buyers stay in control.
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