$SOMI USDT – STRONG BEARISH PRESSURE PUSHING TOWARD NEW LOWS 📉
$SOMI has dropped sharply from its recent high near 1.2790, breaking through multiple support levels. Price is now testing the 1.1050 zone, showing clear bearish dominance. Unless buyers defend this area strongly, further downside toward deeper supports remains likely.
🔹 Trade Setup:
Entry (Short): 1.1050 – 1.1150
Target 1: 1.0800
Target 2: 1.0500
Target 3: 1.0200
Stop Loss: 1.1550
🔹 Market Outlook:
The structure clearly favors sellers as momentum accelerates downward. If 1.0910 (24h low) breaks, a continuation toward psychological levels near 1.0000 could follow. Bulls need a strong reversal candle with volume to regain control.
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buy and trade here on $SOMI