🚀 SOMI/USDT Trade Alert! 🚀
Based on the chart, SOMI's price is at 0.9109 USDT with a 4.06% drop in the last 24 hours. The price has been trending downwards after hitting a high of 1.9061.
Long-Term Perspective:
- If SOMI breaks above key resistance levels (like 1.2788 or the recent high of 1.9061), we could see a pump back to $1+ with strong momentum.
- Holders looking for long-term gains might consider accumulating if there's a clear uptrend confirmation.
Short-Term Trade Suggestions:
- For Short-Term Traders:
- Watch for a bounce off support levels (like 0.8233 or 0.9109).
- If SOMI breaks above 0.9634 (24h high), it could signal short-term bullish momentum.
- Entry/Exit Points:
- Consider buying on dips near support (0.8233) for a short-term play.
- Take profits near resistance levels (0.9634 or 1.2788).
Caution:
- SOMI's current trend is bearish; ensure you're managing risks.
- Check overall market sentiment and SOMI's news before making trades.
📊 Post for Traders:
"SOMI/USDT Watchlist 📈
- Long-term: Break above 1.2788 for $1+ pump.
- Short-term: Watch 0.9634 breakout or buy dips near 0.8233.