$SOMI /USDT BEARISH REVERSAL SIGNAL – AFTER SHARP RALLY, SELLERS STRIKE ⚠️
SOMI has surged nearly +48%, touching highs near 0.8546, but the chart now shows signs of exhaustion with a rejection candle forming. The strong upside momentum is facing selling pressure, and a short-term correction is likely if buyers fail to defend the 0.78–0.80 zone.
Trade Setup (Short Signal):
Entry Zone: 0.7800 – 0.7900
Take Profit 1: 0.7200
Take Profit 2: 0.6700
Take Profit 3: 0.6200
Stop Loss: 0.8200
Market Outlook:
Momentum is still bullish on the larger trend, but intraday signals are leaning bearish. A break below 0.75 could accelerate the downside move. Bulls need a strong defense above 0.78 to prevent deeper correction.
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