$SOMI /USDT BEARISH REVERSAL – STRONG REJECTION AFTER PARABOLIC RALLY

SOMI/USDT has surged over 40% but is now showing exhaustion near the 0.85 resistance zone. The long wicks and immediate rejection signal profit-taking and potential reversal pressure. Bears are likely to step in for a corrective pullback.

Trade Setup (Short Entry):

Entry: 0.8000 – 0.8200

Target 1: 0.7400

Target 2: 0.6900

Target 3: 0.6400

Stop Loss: 0.8700

Key Levels:

Resistance: 0.8500 / 0.8700

Support: 0.7400 / 0.6400

Market Outlook:

Momentum has shifted from extreme bullishness to early bearish signals. If price breaks below 0.7400, stronger downside acceleration could follow. Bulls must reclaim and hold above 0.8700 to cancel this reversal setup.

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