$SOMI /USDT Possible Reversal Pattern 🔄
$SOMI has dropped nearly -18% today, hitting a low of $0.3809, but the 15m chart now shows a rounded bottom formation suggesting a potential reversal. If buyers manage to hold above $0.3900, momentum could push the price toward $0.4300–$0.4370. However, a breakdown below $0.3880 would invalidate the setup and expose further downside.
Trade Setup:
Entry: $0.391–$0.395
Stop-Loss: $0.380
Take-Profit Targets: $0.420 / $0.437