#Somnia will be Bullish or Bearish??? ?

Current Market Snapshot

Price: Somnia is trading around $1.29–$1.34, experiencing a sharp ~20% drop over the last 24 hours.

Volume & Cap: Trading volume remains high at around $700M–$900M, with market cap hovering near $208M.

All-Time High (ATH): ~$1.84 (hit in early September 2025), so current price is about 20–30% below that peak.

** Bullish Factors**

High trading volumes indicate strong interest.

Strong technical indicators and chart patterns.

Positive reception of Somnia’s tech (mainnet, TPS, partnerships).

** Bearish Risks**

Recent sharp price drop (~20%) may reflect cooling momentum.

Token distribution concerns—84% still locked, unlocking could weigh on price.

Overbought sentiment and derivative imbalances could trigger a pullback.

Are you bullish on $SOMI or bearish?