$SOMI
TECHNICAL ANALYSIS – BULLISH BREAKOUT EXPECTED
$SOMI is showing strong momentum after consolidating near key support levels. A breakout above 1.0485 could open the path for further upside towards 1.0616 and potentially 1.1000. Buyers may target these levels if the bullish pressure continues, with minor pullbacks acting as opportunities to enter long positions.
Key Levels:
Resistance / Targets (TP): 1.0616, 1.1000, 1.1200
Support / Stop Loss (SL): 0.9395
Risk Management: Use proper position sizing and avoid over-leveraging. Limit exposure to 1–2% of trading capital per trade to manage risk effectively.
#TechnicalAnalysis #CryptoTrading #SOMI #Layer1 #BullishSetup