$SOMI New Update š
The Important Things We Noticed -
š Current Price
$0.8399 (down -4.07%)
24h High: $0.9495
24h Low: $0.8232
24h Volume: 48.89M SOMI / 42.80M USDT
šµļøāāļø Technical Update
Trend:
The chart shows a downtrend since the peak near $1.60+.
Current price is testing support around $0.82 ā $0.84.
Support Levels:
Strong zone: $0.82 ā $0.84 (holding now).
Next possible support if broken: $0.75 ā $0.70.
Resistance Levels:
First resistance: $1.00 ā $1.05.
Next resistance: $1.20 ā $1.25.
Major resistance: $1.50 ā $1.60 (previous rejection area).
Volume:
Decent trading volume, but sellers are stronger at higher prices.
š® My Opinion (Short-Term)
If $0.82 support holds, a bounce toward $1.00 ā $1.05 is possible.
If it breaks below $0.82, price may dip further to $0.75 or even $0.70.
For safe trading:
Buy zone: $0.75 ā $0.82 (only if support holds).
Target zone: $1.00 ā $1.20 (short-term).
Stop-loss: Below $0.70.
#SOMI #TrendingTopic #TradingCommunity #Binance #BinanceSquareFamily