$SOMI is stabilizing after the rejection from 0.2560 and I’m watching this closely because buyers stepped in firmly near the 0.2345 reaction zone and defended it with steady pressure. The 1h candles are forming a tight range which shows selling pressure has slowed and price is building a base after the pullback.

If this structure holds the next rebound becomes possible with a controlled push.

Here my full setup from this chart.

Entry Point

0.2460 – 0.2385

Target Point

TP1: 0.2520

TP2: 0.2580

TP3: 0.2650

Stop Loss

0.2315

It’s possible because every dip near 0.2385 is getting absorbed quickly and buyers are defending the support zone. If $SOMI stays above the base area the move toward 0.2520 becomes the natural first step before momentum attempts higher continuation again.

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$SOMI

SOMI

0.2423

-3.69%