$SOMI Market Update

A long liquidation of $1.937K was triggered at $0.3905, signaling a notable shake-up in market sentiment.

Market Insight:

Support Level: $0.385 – buyers may step in here.

Resistance Level: $0.400 – expect selling pressure if price tests this zone.

Trend Analysis: SOMI has faced short-term selling pressure, but the overall momentum remains watchable. A rebound from current support could offer a low-risk buy opportunity, while a failure below support may accelerate downside risk.

Suggested Entry Points:

Buy: $0.386–$0.388 (near support)

Sell/Take Profit: $0.398–$0.400 (resistance)

Next Move: Traders should monitor price action closely around $0.385–$0.400. A breakout above $0.400 could pave the way for a bullish swing, while a drop below $0.385 may signal further liquidation.

Stay sharp and trade wisely!

let's Go And Trade Now $SOMI