🚀 $SOMI /USDT – Opportunistic Pullback Long!
Current Scenario:
SOMI has dipped to its 24-hour low of ~$1.10, currently trading near $1.19 on Binance — down over 7% in the last day. This price pullback followed a massive listing-driven rally, implying short-term consolidation and opportunity.
Why This Could Be a Buy:
The recent dip seems driven by profit-taking & market volatility, not fundamental weakness.
Binance listing and reward campaigns drive strong community interest and underlying demand.
Technical setup hints at a classic “buy-the-dip” scenario, especially near $1.10 support.
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Trade Plan
Level Action
Entry Zone $1.10 – $1.15 (watch for bullish reversal bars or volume spike)
Targets T1: $1.25 — partial book T2: $1.31 — extended upside
Stop Loss Below $1.08 — protect against breakdown
Risk Tip Risk only what you can afford — consider 1–2% of your portfolio.
Confirmation Look for a 15-min close back above $1.15 with volume support to confirm the bounce.
TL;DR:
SOMI is pulling back after a strong run, finding support near $1.10. If you spot volume-backed reversal near the entry zone, a short-term long to targets is a valid play. Use tight stops and manage position sizing.
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