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Sabine Forgione rKFw
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$SOMI
Wednesday 12.30 AM GMT
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Sabine Forgione rKFw
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$SOMI sol : all time low in 8 months recorded today Somnia Somi -15% Sui -6% One of the toughest days for ALT layer 1 However, Such days are part of the cycle, not the conclusion. Pressure phases are temporary; markets will recover soon
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$SOMI many short traders opend positions at 0.26 - Quick moves now toward 0.270, 0.280, or 0.290 will make the squeeze - the liquidation will give very good bounce
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$SOMI That’s what I was caution about and because i have a long position I didn’t sleep to watch : if the asian markets open and saw somi dipping they might give it more dips - we should have kept it in 0.295 to avoid that and they would have pump it instead but we didn’t However, nothing to panic about - i think we are good now and completely oversold and a rebound is expected Today somnia event on the major asian exchange will also cool things down They also give people there very high yields to stack somi like 100% and when people start to see the price stabilize they will stack So things will get better from here
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$SOMI Goodnight somi community. Don't expect something exceptional this morning like the past few days, but I'm optimistic about tomorrow (two events). The first will be somnia team speaking to a large and well-known Asian exchange audience, and the second will be somnia 2026 unwrap revealing its vision including automated market creation using AI Let's also hope the market specially BTC improves tomorrow because it's unfair to turn red when we're recovering.
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$SOMI if we close above 0.29 and before the asian markets open - we will have a good day tomorrow
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