$SOMI /USDT – LONG TRADE SETUP AT SUPPORT

$SOMI has dropped sharply, losing over 16% in the last 24h and finding support around 0.3912. Price is attempting to stabilize, showing early signs of a potential rebound. A bounce from this zone could trigger a recovery move toward the first resistance at 0.4831, with further upside potential if momentum extends to 0.5201. The downside risk remains if price breaks below 0.3942 – 0.3910, where weakness could push it lower toward 0.3566.

Trade Setup (Long Bias):

Entry: 0.3950 – 0.3960

Take Profit (TP): 0.4831 / 0.5201

Stop Loss (SL): 0.3566

Holding above support keeps the rebound scenario valid, with risk-reward favoring a long opportunity if buying pressure steps in.

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