$SOMI Somnia, The 1 Million Transactions Per Second Chain, Dips 17% From All-Time Highs
Somnia’s SOMI token dropped 18% to $0.475 from its $0.579 all-time high, reflecting weak demand despite its 1 million TPS claim.
RSI below 50 and near-zero CMF show bearish momentum and limited inflows, leaving SOMI vulnerable to extended price weakness.
A rebound requires SOMI to reclaim $0.492 support and target $0.529; otherwise, it risks sliding below $0.453 and deeper correction.
If SOMI manages to reclaim support at $0.492, conditions could improve. Regaining this level may provide momentum for a rebound toward $0.529, which would help invalidate the bearish thesis. A recovery of this nature could signal short-term resilience for the new token.
