$SOMI had a wild move today. The price spiked all the way up to 1.2790, then pulled back sharply and is now sitting around 1.0632 after touching the 1.0605 low. That’s almost a 12% drop in 24 hours.

The chart shows strong selling pressure after the peak, but support near 1.06 is trying to hold. If buyers step in here, we could see a short-term bounce. If this level breaks, the market may look for deeper support zones.

Big volumes are flowing — over 111M SOMI traded today — which means volatility is far from over.

For now, this is a test of patience. Bulls need to defend the support, while bears are pressing hard. The next few candles will decide whether SOMI stabilizes or keeps sliding.

👉 I’m watching closely. This is the kind of setup where the brave make their move