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$SOMI / USDT – LONG TRADE SIGNAL 🟢
🔥 Market Overview:
$SOMI is currently trading near a strong demand zone around $0.480, where price has repeatedly shown buyer interest. The setup indicates a potential range-bottom rebound, with bullish momentum expected toward the upper resistance levels near $0.520+.
🔑 Trade Setup:
📈 Entry Zone: $0.480 – $0.486
🎯 TP1: $0.505
🎯 TP2: $0.5208
🛑 Stop Loss: $0.4619
💡 Market Outlook:
Trend: Range-bound with bullish bias from support
Structure: Multiple tests of support suggest potential breakout attempt
Support Zone: $0.475 – $0.485
Resistance Zone: $0.505 → $0.5208
Momentum: Neutral to bullish, awaiting confirmation of bounce from support
⚡ Strategy & Risk Management:
Leverage: 3–5x (Moderate risk setup)
Risk/Reward Ratio: ≈ 2.5:1
📋 Plan:
• Enter within $0.480–$0.486 zone
• Take partial profit at TP1 ($0.505)
• Move Stop Loss to Entry after TP1 hit
• Let remaining position run to TP2 ($0.5208)
✅ Summary:
Setup Type: Range Support Rebound
Bias: LONG
Targets: $0.505 → $0.5208
Market Sentiment: Bullish Reversal Potential
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