#SOMI

🚨 OPPORTUNITY ALERT: Bearish Trend Setup on SOMI/USDT 🚨$SOMI

📉 The SOMI/USDT pair is facing rejection after testing resistance levels, showing weakness and indicating a possible downward movement if the momentum continues to fall.

🔍 Updated Technical Analysis:

Current Price: US$ 1.084

Daily High: US$ 1.14

Daily Low: US$ 0.6102

Volume in the last 24h: Approximately US$ 691 million CoinMarketCap

📊 Selling Strategy (Short):

Entry: US$ 1.0200

Target 1: US$ 0.9750

Target 2: US$ 0.9500

Stop Loss: US$ 1.0700

Risk Management: Use strict SL and adjust position size to effectively manage potential losses.

⚠️ Important Note: If the price fails to regain resistance at US$ 0.56, the momentum may continue to fall, leading the price to the mentioned support levels. Binance

💡 Tip for Investors: Stay alert to market changes and adjust your strategies as necessary. Keep track of charts and news to make informed decisions.$