$SOMI USDT is currently trading around 0.308 USDT, up nearly 55 percent, after recovering strongly from a local bottom near 0.2908. Despite the strong daily gain, the broader structure shows that SOMI is still attempting to recover from a prior downtrend that began after rejection near 0.3300.

The recent bounce is technically significant, as buyers managed to reclaim key short-term levels and stabilize price above 0.300. However, the recovery lacks the aggressive momentum seen in pure trend continuation setups. Instead, price action suggests a corrective move within a larger range.

Immediate resistance lies between 0.314–0.323, where selling pressure previously increased. If SOMI breaks and holds above this zone, it could signal a trend shift. Failure to do so may result in renewed consolidation or another test of the 0.295–0.300 support area. SOMI is currently in a transition phase, where confirmation is still needed before committing to directional bias.

SOMI

0.279

+9.36%