$SOMI /USDT — SOMI Breakout Above Key Resistance Signals Bullish Momentum

Analysis

SOMI shows strong upward momentum across all timeframes with price breaking above the 0.7970 resistance zone. The token demonstrates consistent buying pressure with increasing volume patterns supporting the bullish structure. Multi-timeframe alignment indicates SOMI is positioned for further upside continuation.

Trade Setup

Signal Type: LONG

Entry Zone: 0.7970 - 0.7990

Target 1: 0.8100

Target 2: 0.8200

Target 3: 0.8350

Stop Loss: 0.7850

Risk:Reward Ratio: 1.34

Key Rationale

Strong support zone formation around 0.7850 level with RSI showing bullish momentum across timeframes. SOMI price action demonstrates clear break above previous resistance with volume confirmation supporting the upward move.