$SOMI | Healthy Pullback Within a Bullish Structure ⚡
After a strong expansion toward 0.32, price is now consolidating and retesting the mid-range. This move appears to be a controlled pullback rather than a breakdown, provided key support continues to hold.
Trade Setup (Long):
• Entry Zone: 0.275 – 0.285
• Stop Loss: 0.255
Targets:
• TP1: 0.305
• TP2: 0.325
• TP3: 0.360
As long as price remains above the demand zone, the bullish market structure stays intact. A strong reaction from this area could trigger the next impulsive move to the upside.
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SOMI
0.3096
+2.11%
