🚨🔴 $SOMI Longs Liquidated! 🔴🚨
I just saw a long liquidation of $17.23K at $0.9804 – overleveraged bulls got shaken out, giving the market a reset moment! ⚡️ While this looks painful, liquidations often act as a springboard for stronger rebounds when weak hands exit and liquidity resets.
📊 Insights & Sentiment:
Long liquidation = bulls got overconfident near $1.00 psychological level.
Market still holding strong structure above $0.95 support.
If buyers step back in, $SOMI could quickly reclaim momentum.
🎯 Future Targets:
Tg1: $1.10 – first recovery checkpoint.
Tg2: $1.25 – key resistance for breakout confirmation.
Tg2 (extended): $1.50+ – if market-wide bullish wave kicks in.
💡 Pro Tips:
1. Watch for accumulation zones after the dip – institutions love scooping here.
2. Don’t chase green candles; wait for volume-backed confirmation.
3. Set stops below $0.92 to protect against deeper correction.
4. Track BTC’s moves – altcoins usually follow Bitcoin’s rhythm.
⚡️$somijust cleaned out the overleveraged traders – the market is lighter now, and that’s often when the real move begins. 🚀✨
#AITokensRally #USLowestJobsReport #SECReviewsCryptoETFS #SummerOfSolana? #BNBBreaksATH
.
