๐ SOMI/USDT โ Technical Analysis (08 September 2025)๐ฅ๐ฆ โ
$SOMI ๐คฉ๐ฆ
๐น Current Price: 1.5728 USDT
๐ธ 24H High / Low: 1.9061 / 1.0121 USDT
๐น 24H Volume:
โโข SOMI: 272.62M
โโข USDT: 398.90M
โ Price Trend Overview:
The chart shows a strong bullish breakout after consolidating around the 1.0121 โ 1.0774 range.
Price surged from ~0.5475 up to the high of 1.9061 USDT in a sharp upward movement, indicating strong buying momentum.
After reaching the high, price is currently in a sideways consolidation phase around 1.5728 USDT.
โก Key Support & Resistance Levels:
โ Immediate Support: 1.3762 USDT
โ Strong Support (previous resistance turned support): ~1.0774 USDT (marked by the orange horizontal line)
๐ง Immediate Resistance: 1.9061 USDT (recent high)
๐ง Psychological Resistance: 2.0000 USDT
๐ฅ๐ฅ๐ฆ Strategy Suggestion๐
1. โ Bullish Scenario:
โIf price holds above 1.3762 USDT and breaks above 1.9061 USDT with strong volume, expect continuation towards 2.00 USDT or higher.
2. ๐ฅ Bearish Scenario๐ฅ
โIf price breaks below 1.3762 USDT, next strong support is at 1.0774 USDT. Monitor closely for breakdown signals.
๐Overall bullish trend in the short term.
๐Consolidation phase now, watch for breakout or breakdown confirmation.
๐Strong support at 1.3762 USDT and resistance at 1.9061 USDT.
Good trading volume supports ongoing momentum.
