$SOMI I/USDT CONSOLIDATION BEFORE NEXT BIG MOVE ⚡
SOMI has cooled off after a strong rally to $1.90 and is now trading near $1.24. Price action shows consolidation between $1.20–$1.30, suggesting accumulation before the next breakout. A push above $1.30 could trigger a bullish leg, while a breakdown below $1.20 may invite deeper correction.
Trade Setup (Long Entry):
Entry Zone: 1.22 – 1.25
Target 1: 1.30
Target 2: 1.45
Target 3: 1.63
Stop Loss: 1.18
Market Outlook:
Market sentiment remains neutral to bullish. Holding above $1.20 support keeps the uptrend alive, while a close below this zone could shift momentum back to bears.
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