SOMI/USDT – Trade Signal Current Price: 1.18 (-9%)

Trade Setup Entry Zone: Above 1.20 – 1.25

Target 1: 1.34 (recent 24h high)

Target 2: 1.50 (bullish zone)

Target 3: 1.84 (all-time high)

Stop Loss: Below 0.90

Analysis:

SOMI/USDT has dropped 9% in the last 24 hours, pulling back from a 24-hour high of 1.34 to the current 1.18. Despite the decline, SOMI has shown significant volatility, with a 58.17% gain over the past 30 days and an all-time high of 1.84. The price is well above its all-time low of 0.3833, suggesting potential support near 0.90–1.00. A break above 1.20–1.25 with strong volume could see buyers retake control, targeting the recent high of 1.34 and potentially higher levels. The bearish move requires caution; volume and momentum shifts are key to confirming a bullish reversal. Buy low, sell high.

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