Decoding the SOMI Chart: Is This the Start of a Major Reversal?
After a significant price run-up, the $SOMI chart is showing classic signs of a healthy correction and market consolidation. The recent volatility has given way to a stabilizing price action, suggesting that a strong support level is being established. This is a critical period where short-term traders are exiting, while long-term investors are patiently accumulating, creating a strong foundation for the next upward trend.
This technical pattern is a powerful reflection of the fundamental progress being made by @Somnia Official . As they continue to build the foundational Layer 1 network for a truly interoperable metaverse, every consolidation phase represents a new entry point for those who believe in the project's long-term vision. The price action is a testament to the community's conviction.
What are your thoughts on this chart? Is the time to accumulate $SOMI now?
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