๐ SOMI / USDT โ Explosive Move (4H)
๐ฐ Price: 0.2642
๐ Rise: +34%
๐ฅ Volume: Very High
Layer 1 / Layer 2 โ Gainer
๐ Technical Analysis:
Strong surge from the area 0.18 โ 0.29
๐ RSI Very High (Clear Overbought)
Strong bullish candle = Entry of speculative liquidity
Important Warning:
Buying after this candle is a high risk
Probability of profit-taking or correction is very likely
Possible Scenarios:
The healthy scenario (preferred):
Re-testing areas:
โข 0.24 โ 0.22
Consolidation then continuation upward
Positive scenario:
Break and hold above 0.29
โข Targets: 0.32 โ 0.35
Negative scenario:
Breaking 0.22 with 4H close
โ Weak momentum and potential deeper pullback
Risk Management:
โข Do not enter without re-testing
โข Partial profit mandatory
โข Clear stop loss
โข Do not chase the candle
DYOR โ Not Financial Advice
#somi $SOMI
