$SOMI is sitting right on the edge.

Price at 0.2650, down 14.13 percent on the day.

24h high stretched to 0.3222 while the low tapped 0.2604, marking a deep pullback zone.

24h volume stands at 32.99M SOMI, showing active hands despite the drop.

Layer 1 and Layer 2 tag keeps it firmly in play.

On the 1 minute chart, price is tightly packed around MA 7 at 0.2651, MA 25 at 0.2653, and MA 99 at 0.2649, a compression setup.

Repeated defense near 0.2615 suggests buyers are quietly absorbing pressure.

Volatility has cooled, structure is coiling, and this tight range feels like a pause before a decisive move