🔥 $SOMI MELTDOWN OR MAJOR SETUP? 🔥
Price: 0.386 USDT (-10%)
Volume: $38.4M | Market Cap: ~$68M | 24h Range: 0.372 – 0.431
💥 My Take:
Somnia just took a heavy 10% hit — but smart money might call this a blessing in disguise. After a brutal red candle, whales often scoop cheap bags before the next mainnet ecosystem push. Sentiment is shaky, but on-chain metrics still show builders active and liquidity incentives running.
If the project’s next update or new DEX listing drops, this could flip from fear to FOMO in hours.
🎯 Targets:
• Short-term bounce: $0.41
• Mid-term reclaim: $0.46
• Stop-loss: $0.35 (tight discipline zone)
⚡Trend Watch: Oversold territory is forming. Watch for reversal volume spikes before Asia session opens.