$SOMI Trade Setup
I’m watching $SOMI after a strong impulsive move followed by tight consolidation. Price is holding above the breakout area, volume cooled down, and structure is still bullish. This looks like a healthy pause before the next leg up.
Trade Plan
Entry Zone: 0.325 – 0.335
Target 1: 0.350
Target 2: 0.380
Target 3: 0.420
Stop Loss: 0.305
Why this works
I’m trading continuation. The price made higher highs and higher lows, then moved sideways instead of dumping. That shows strength. Previous resistance is acting as support, and as long as price holds above the entry zone, momentum favors upside expansion. Risk is clearly defined and reward is higher than the risk.
SOMI
0.3102
+10.35%
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