📊 Technical Analysis of the SOMI/USDT Pair on the Daily Frame

🔹 Support and Resistance Levels:

Main Support: 0.56 – 0.60$

Medium Resistance: 1.30 – 1.35$

Strong Resistance: 1.63 – 1.70$

🔹 RSI Indicator:

Shows signals of approaching oversold conditions ➡️ which may support a short-term corrective rebound.

🔹 MACD Indicator:

Still in negative momentum, but monitoring any potential bullish crossovers will be key to confirming a trend reversal.

📈 Possible Scenarios:

Staying above 1.35$ could open the door to test the resistance at 1.63 – 1.70$.

Breaking the support at 0.56$ may push the price further down.

⚠️ This analysis is not financial advice, but rather an educational technical perspective.

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#Binance #Crypto #USDT #MACD #RS $SOMI

SOMIBSC
SOMI
0.3134
-0.57%

$BTC

BTC
BTC
87,720.89
+1.93%

$ETH

ETH
ETH
2,957.59
+0.01%