Mohammed Adam Adam Abdurahman
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Bullish
$SOMI
Currently, SOMI is trading at $0.8100, with a daily trading range between $0.5203 and $0.8201.
🔍 Key Support and Resistance Levels
Strong Support: Around $0.50, where there is strong buying interest.
Medium Support: A range between $0.5065 and $0.5143, considered an accumulation area.
Strong Resistance: Around $0.6152, which is the upper limit of the Bollinger Band.
Medium Resistance: A range between $0.62 and $0.63.
Psychological Resistance: Around $0.80, where the price is expected to face strong resistance.
📈 Technical Analysis
Overall Trend: SOMI shows a strong upward trend, with higher highs and higher lows.
Currently, SOMI is trading at $0.8100, with a daily trading range between $0.5203 and $0.8201.
🔍 Key Support and Resistance Levels
Strong Support: Around $0.50, where there is strong buying interest.
Medium Support: A range between $0.5065 and $0.5143, considered an accumulation area.
Strong Resistance: Around $0.6152, which is the upper limit of the Bollinger Band.
Medium Resistance: A range between $0.62 and $0.63.
Psychological Resistance: Around $0.80, where the price is expected to face strong resistance.
📈 Technical Analysis
Overall Trend: SOMI shows a strong upward trend, with higher highs and higher lows.
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