$SOMI
The price is currently moving near 1.30 – 1.35$ after a strong rise from ~0.40$.
The momentum is still positive but there is profit-taking and pressure from vesting.
📌 Important technical levels
Strong support: 1.10 – 1.20$
First resistance: 1.35$
Next resistance: 1.55 – 1.60$
📈 Entry scenario
1. Wait for a correction near the support (1.15 – 1.20$) with a clear bullish candle and good trading volume.
2. Split the quantity:
50% at the support area.
50% additional if the price stabilizes above 1.35$ and closes daily.
3. Potential targets:
First target: 1.50$
Second target: 1.80$ (if momentum continues).
4. Stop loss: below 1.05$ or according to your risk tolerance.