$SOMI /USDT based on the data provided:
$SOMI/USDT STRONG BULLISH MOMENTUM! 🚀
Current Price: 0.6678 USDT
Key Levels:
Resistance: 0.7082 – 0.7287 → Price needs to break above 0.7082 for continuation of bullish trend
Support: 0.6388 – 0.5490 → Healthy zones for potential pullback entries
Trade Setup:
Long Entry: 0.6600 – 0.6700 USDT (after support confirmation)
Take Profit (TP): 0.7082 → 0.7287 USDT
Stop Loss (SL): 0.6380 USDT
Analysis:
SOMI surged 18.15% in the last 24h, indicating strong bullish sentiment.
Absence of MA values suggests focus on price action and key support/resistance levels.
A breakout above 0.7082 with volume can trigger further upside toward 0.7287 USDT.
Pullbacks toward 0.6388 – 0.6490 can offer safe entry points for aggressive traders.
Risk Management:
Limit risk to 1–2% of your portfolio per trade.
Stick to SL at 0.6380 USDT to minimize downside if price reverses.
#BinanceHODLerOPEN #USNonFarmPayrollReport #MarketPullback #BTCvsETH #Write2Earn $SOMI