The recent surge in $SOMI has caught the attention of the entire market. But is this just another hype-driven pump — or is it built on strong technical foundations? Let’s break it down:
1️⃣ Price Action & Volume
$SOMI started its parabolic rise from around $0.30 and blasted upward.
The rally is backed by enormous trading volume — not just random spikes, but consistent green bars confirming genuine buying pressure.
When price action + volume align, it usually signals institutional accumulation or whale-driven momentum.
2️⃣ On-Balance Volume (OBV)
OBV has shot up in a near-vertical trend, confirming that most of this trading volume is net buying pressure.
This tells us whales and big money are loading positions, not exiting.
Whenever OBV rises this sharply, it’s often a precursor to sustained rallies.
3️⃣ MACD Momentum
A bullish crossover has appeared on the MACD, with the lines widening apart.
This classic indicator suggests that bullish momentum is not only intact but accelerating.
As long as MACD expansion continues, the trend favors further upside.
🔑 Technical Summary
Volume ✅
OBV ✅
MACD ✅
All three major signals are aligned — painting a powerful bullish setup for $SOMI. This isn’t just a random meme pump; it’s a move backed by liquidity, accumulation, and strong momentum.
⚔️ Key Levels to Watch
Resistance: $1.23 (last local peak) — break above here could open doors to $1.40+ and beyond.
Support: $1.00 — strong psychological level; holding above here keeps bulls in full control.
🚀 Bigger Picture
If whales continue to accumulate and $SOMI maintains this momentum, the next wave could send the coin into uncharted territory. Meme coins often ride hype, but $SOMI’s chart shows real technical strength that could sustain a multi-leg rally.
💬 Final Thoughts
Is this just the beginning of $SOMI’s mega-run?
Can we see a move to $2.00 or even higher if resistance breaks?
Or is this the “calm before a pullback” where smart traders should secure profits?
What’s YOUR take? Drop your analysis below 👇 — let’s see who gets it right.
#SOMİ #Altcoins #CryptoAnalysis #TechnicalAnalysis