$SOMI I/USDT LONG TRADE SETUP
$SOMI is trading at 0.3088, currently testing support after a sharp move earlier in the day. The 15m chart shows the price consolidating above the MA(99) level of 0.2687, with bulls attempting to stabilize near the current mark price. While facing temporary resistance at the MA(7) and MA(25), a bounce from this zone could lead to a continuation of the broader bullish trend.
Target Points
TP1: 0.3398
TP2: 0.3650
TP3: 0.4150
Stop Loss
Set stop loss below 0.2630 to limit downside risk if the support level breaks.
Buy and Trade here on $SOMI
SOMIUSDT
Perp.
0.2115
-0.33%