$SOMI is trading at 0.8697 (+2.40%).
It dipped to 0.8115 before bouncing back near its 24h high of 0.8980 – showing buyers are stepping in after consolidation.
Key Levels
🔹 Support: 0.8350 / 0.8115
🔹 Resistance: 0.8980 / 0.9495
Market Action
25.81M SOMI traded vs 22.08M USDT in the last 24h – showing steady demand.
Price is near the average line (0.8712), signaling stabilization.
Outlook
Holding 0.8600–0.8700 could lead to a retest of 0.8980.
A breakout above 0.8980 may target 0.9260 next.
Losing 0.8350 risks a drop back to 0.8115.
Trader’s Note
Buyers are gaining momentum, but 0.8980 is the key level to watch.
A move above it could extend the recovery.
