$SOMI
USDT BEARISH SETUP – CORRECTIVE MOVE GAINING STRENGTH💯✨
$SOMIUSDT is showing early signs of bearish pressure after rejection from a higher supply zone. The chart reflects loss of bullish momentum, with price failing to sustain higher highs and starting to form a lower high structure on lower timeframes.
The recent breakdown below short-term support indicates seller dominance and increasing downside risk. Volume behavior suggests distribution near the top, favoring a corrective move toward lower demand zones. As long as price remains below the key resistance area, the bearish scenario remains valid.
Bearish Scenario (Next Move):
TP1: 0.2750
TP2: 0.2550
TP3: 0.2300
Stop Loss:
SL: 0.3300
Risk Management:
Risk only 1–2% per trade, wait for confirmation near resistance, and trail stop loss as targets are achieved to protect capital.
