๐จ $SOMI Analysis + Next Move Prediction ๐๐ฅ
$SOMI is at a critical stage. After a massive dump from its highs, itโs finally showing some lifeโbut donโt get fooled by small green candles just yet. The volume is huge ($51M+), signaling that the battle between bulls and bears is heating up ๐ฅโก
๐ Real Talk Analysis
The chart shows heavy supply pressure. Every time SOMI tries to pump, sellers step in, creating a tough-to-break ceiling. Right now, itโs consolidating in a tight range.
On the 4H chart, RSI is in the neutral-to-oversold zoneโusually a sign that a big move is coming, but the direction depends on whether buyers can absorb the remaining supply or if the sell-off continues ๐โ ๏ธ
๐ฅ Next Move Prediction ๐
1๏ธโฃ Bullish Breakout:
A solid hourly close above $0.24 could trigger short-covering, pushing SOMI toward $0.30 - $0.35, where the real liquidity sits โก
2๏ธโฃ Bearish Drop:
If support fails and $SOMI
slips below $0.18, expect a leg down to $0.15โa potential capitulation phase where weak hands exit ๐๐ฏ
๐ก Bottom Line:
Donโt FOMO in the middle of the range. Wait for $0.24 breakout for a safer entry or $0.18 dip for a better risk-reward setup ๐๐ง
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