The price has aggressively broken the $0.26 resistance, hitting $0.31. Whale data shows a 358% increase in volume over the last 24 hours, signaling a major trend shift. $SOMI is currently overextended on the 15m/1h timeframes (RSI near 70). We are looking for a retest of the previous resistance ($0.28-$0.30) to flip it into support before a continuation toward $0.35. This is a "Trend Following" scalp.

SOMIBSC
SOMIUSDT
0.2369
-22.90%

The Trade

Action: Long (On Pullback)

Entry Price: $0.295 - $0.305 (Wait for retest)

Take Profit (TP): $0.345 (Recent 24h high)

Stop Loss (SL): $0.278 (Below the breakout candle)

Leverage: Low-Mid (5x - 8x) due to extreme volatility.

Risk Warning: Breakouts at $0.31 are prone to "fake-outs." Do not FOMO; wait for the support confirmation.