SOMI ($SOMI ) The upward crawl continues: an increase of +5.84% amidst strong trading! 🚀📈
🔍 Technical analysis of price movement:
SOMI is stabilizing at $0.9948 after recording a daily high of $0.9982 and a daily low of $0.9400.
The trading volume reached 218.96 million SOMI units with a total value of $171.27 million, reflecting strong market interest and ongoing upward momentum.
📊 Market direction:
The price action shows higher consolidation than average, with a clear dominance of buyers on the order books, supporting the continuation of the upward trend in the short term.
🟢 Entry opportunities (Long trade):
- Suggested technical range: between $0.9850 – $0.9900
(It is preferable to enter after confirming a green candle on the short time frame, while monitoring liquidity in the order book)
🎯 Trading targets:
- TP1: $1.0550
- TP2: $1.110
📉 Stop loss:
- Below $0.9750 (under the immediate support area)
