$SOMI Holding Strong After Big Move

$SOMI surprised the market with a powerful surge that carried it near the $1.90 level. Since then, price action has cooled down — but in a constructive way. Instead of collapsing back to previous lows, the token is now ranging steadily between $1.45 and $1.65.

This kind of sideways movement is healthy after a strong rally. It shows that the market isn’t rushing for the exits. Buyers continue to step in on dips, while sellers are finding fair value, creating balance rather than chaos.

A consolidation phase like this often sets the stage for the next decisive move. If support in the mid-$1.40s continues to hold, SOMI could be preparing for another breakout attempt — with the $1.85–$1.90 zone likely to be tested again.

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