Somnia ( $SOMI ), Finding Its Footing After Launch
$SOMI has been on a volatile ride since its major exchange listings. After the explosive debut that pushed price as high as $0.66, profit-taking quickly set in, sending the token back toward the $0.45–$0.50 zone. It now trades near $0.48, where buyers are starting to defend key support.
⚡ What’s Behind the Moves
The surge came on the back of Binance and some major exhange listings, paired with strong early liquidity.
A quick selloff followed , a classic “post-launch dump” as early participants locked in gains.
On the fundamentals side, Somnia’s mainnet launch and ecosystem grants add longer-term value, while vesting unlocks remain a short-term risk.
📊 Market Outlook
Support zone: $0.45 – $0.50
Resistance zone: $0.65 – $0.75
Holding current levels could allow consolidation before any recovery attempts, but breaking below $0.45 may invite deeper pressure.
⚖️ Big Picture
$SOMI story is still being written. Early hype has cooled, but the project’s mainnet launch and ecosystem support keep it in focus. For now, the market is in a testing phase, stability above support is the first step before bulls can think about reclaiming higher zones.