🛑 $SOMI USDT Short Trade Signal 📉🔻
BEARISH CONTINUATION – SELLERS IN CONTROL
$SOMI has continued its steady decline after forming a local top near $1.79. Price action has shown consistent lower highs and lower lows, suggesting strong selling momentum. A clear breakdown below the $1.17 support area has confirmed further downside pressure.
🔻 Trade Setup (Short Signal):
📍 Entry Zone: $1.15 – $1.17
🎯 Target 1: $1.00
🎯 Target 2: $0.85
🎯 Target 3: $0.73
⛔ Stop Loss: $1.30
📉 Market Outlook:
The downtrend has intensified with sustained red candles and failed attempts to reclaim higher levels. The bearish volume structure confirms a momentum shift toward the downside. If SOMI remains below $1.18 and continues to reject from that zone, deeper correction toward $0.70s is likely.
This setup offers a solid risk-reward ratio for short sellers, particularly if broader market weakness continues.
🔗 Tags:
#SOMİ #SOMIUSDT #BinanceFutures #ShortTrade
💰 Trade this setup now on Binance Futures $SOMI