🚨 $SOMI /USDT ALERT: Parabolic Move Under Pressure 🚨
$SOMI has gone parabolic, surging +44% in an incredibly short time—but the rally is now showing signs of strain. Price is stalling near the 0.29–0.30 supply zone, with multiple rejection wicks hinting that the bulls may be running out of steam.
📉 Why a Pullback Could Be Coming
Vertical moves like this often invite profit-taking, and early momentum indicators on lower timeframes are showing exhaustion. Unless $SOMI can reclaim 0.295–0.300, the market structure favors a pullback or mean reversion toward the next demand levels.
⚡ Trade Setup (SHORT)
Entry: 0.285 – 0.295
Target 1: 0.260
Target 2: 0.240
Target 3: 0.231
Stop Loss: 0.3075
This setup is all about playing the corrective phase after a parabolic spike. Precision and risk management are key—don’t chase if the price keeps flirting with the highs.
💡 Key Takeaway:
$SOMI’s explosive rally could be entering a temporary exhaustion zone. For traders, this is a classic short-term reversal setup. Keep an eye on volume and rejection candles to confirm the pullback before committing.
🔥 The Market Loves Drama—and SOMI is showing it right now. Are you ready to ride the next move?
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