$SOMI / USDT – Volatility After Launch
SOMI has shown extreme volatility since its launch. After reaching a 24h high of $0.6600, it dropped sharply to $0.4384, aligning with the earlier expectation of retracement toward the $0.42 zone. The strong support near $0.3000 is holding for now, creating a possible base for recovery.
If buyers step in and momentum builds again, the key upside levels to watch are:
→ $0.5200
→ $0.5980
→ $0.6600 (major resistance from launch high)
On the downside, $0.3000 remains the critical support. A sustained close below this level could trigger further downside pressure. For now, $SOMI looks set for potential recovery once consolidation ends.