The $SOMI that opened last night is currently in a 'life and death' situation on the 15-minute K-line! After a high of 0.66 in the early session, it fell back, and both bulls and bears are fiercely entangled in the 0.48-0.52 range. The MA7 and MA30 moving averages are twisted together—this triangular convergence might be holding back something big!
The winning hands understand that SOMI has recently received an outrageous amount of good news! South Korean internet giant Naver has announced a strategic investment in its ecological chain and plans to launch an NFT trading module in Q4, which means SOMI will directly connect to Naver's 200 million user traffic pool, upgrading its ecological application scenarios directly. More importantly, Solana's official Twitter liked a tweet about SOMI's cross-chain bridge early this morning. It's worth noting that the last project that was 'recognized' by Solana's official Twitter saw an average increase of over 45% within a week!
What does this represent? The winning hands believe that Naver's entry is not just financial support but also an endorsement of SOMI's technical strength; while the linkage with Solana suggests that its cross-chain technology has passed the 'big shot' review. These two major positives combined are causing SOMI's ecological value to be re-evaluated by institutions.
From the market perspective, the winning hands see that SOMI is currently in a 'textbook level' triangular convergence pattern. The current support level is around 0.4578, which is a key defense line. If it holds, the upward structure will be maintained, with a subsequent resistance level at 0.5160. If it can stabilize and rise beyond that, it would be a breakthrough; once broken, it could replicate the trend with an 80% surge in 3 days.
From this, the winning hands can also see that during the early session surge, the trading volume clearly increased, indicating that large players were testing the waters. However, the subsequent volume contraction shows that the main force did not unload but is instead washing out the positions and building momentum. This 'sharp rise - volume contraction' trend is often a characteristic of main force control. What is most taboo now is chasing the rise and killing the fall; instead, one should focus on key price levels and wait for a breakout signal.
The current $BTC sideways trend shows a lack of direction in the market, but funds have not left; instead, they are turning towards altcoins with stories and progress. SOMI happens to fit the 'funding preference.' Back to a key point: Naver's investment + the launch of the NFT module represents 'substantive good news,' and the cross-chain bridge being liked by Solana indicates that its technical compatibility is recognized. Although the current market value is only $200 million, compared to similar projects like APT and SUI, it still has several times the potential.
The rough strategy I currently provide everyone is to build positions in batches, buying in the 0.46-0.51 range, with a stop-loss if it falls below 0.45. This is about controlling risk. For grid strategies, orders should be placed in the 0.46-0.51 range, increasing the position by 10% for every $0.01 drop and reducing the position by 5% for every $0.01 rise to cope with volatility. If the pressure level of 0.5160 is broken, you can increase your position to 30%, targeting 0.66.
In the short term, the winning hands predict that although the trend is densely favorable, everyone should be cautious of a sudden drop in BTC that could collapse the market. Therefore, it is essential to set stop-loss levels strictly. Tonight, there are two signals to pay close attention to, which the winning hands will also monitor.
First, with the US stock market opening, if the S&P 500 index strengthens, funds may continue to flow into risk assets.
Second, regarding BTC's trend: if BTC can stabilize, SOMI is likely to surge; if BTC breaks below 66,000, then one should beware of a short-term correction.
Currently, from the trend analysis, the winning hands see that SOMI's triangular convergence has entered its final phase. The resonance of news, technical aspects, and funding makes it one of the most 'explosive' targets among the current altcoins. But opportunities are always reserved for those who are prepared. If you build your position now, you might miss the lowest point; however, if you wait for a breakout and then chase, you might miss the main rising wave.
So I want to know more specific and detailed strategies. For those wanting to get in, how should we operate in this market? Pay attention to the winning hands, they will give you the strategy; your execution power depends on you! The quick get it, the slow miss it!
