Gave you very early signal that $SOMI will Hit $1.5.
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Mastering Crypto
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All signs point to a strong potential for $SOMI to hit $1.5 🫂
$SOMI is currently trading at $1.0860, following a huge breakout from $0.30 up to a recent high of $1.1592. The momentum is strong, supported by high trading volume and an extremely overbought RSI (~92), which signals solid buying interest but suggests a short-term pause might be coming.
Key Resistance Levels:
Immediate Resistance: Around $1.16 (the recent high).
Next Major Resistance: $1.50 — a key psychological and technical level.
Key Support Levels:
Strong support now at $1.01–$1.03, which used to act as resistance.
Further support sits at $0.90–$0.92, aligned with the 7MA and 25MA.
What’s Next?
SOMI looks poised to test $1.50, but it probably needs to consolidate between $1.10 and $1.16 first, allowing the RSI to cool down and build sustainable momentum.
If $1.01–$1.03 support holds and SOMI breaks $1.16, the path toward $1.50 becomes highly likely over the next few days.
On the flip side, if it fails to hold $1.01, we could see a retracement back to $0.90–$0.92 before the uptrend resumes.
Conclusion:
SOMI has strong bullish potential to hit $1.5, but watch for consolidation around $1.10–$1.16 first.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.