🚨💥 $SOMI LIQUIDATION ALERT! 💥🚨
A $7.03K long liquidation at $0.99239 just flushed out weak hands on $SOMI – bulls over-leveraged and got wrecked. But here’s the twist: when longs get wiped, it often clears the path for fresh accumulation and stronger rebounds. ⚡️
📊 Insights & Sentiment
Market Sentiment: Longs being liquidated signals over-excitement. After a shakeout, price often stabilizes before the next move.
Market Cap Factor: $SOMI’s cap is still in an emerging growth zone, meaning smaller inflows can move it fast.
Now vs. Next: With liquidity reset, the token could build a stronger base for an upside push, provided support holds.
🎯 Future Targets
TG1: $1.05 → First recovery zone; flipping this back into support would shift momentum bullish.
TG2: $1.15 – $1.20 → Key resistance cluster; breaking here could spark bigger upside.
TG2 (Stretch): $1.30 – $1.35 → If volume surges, a squeeze toward this zone isn’t off the table.
Supports to watch:
$0.95 → immediate line bulls must defend.
$0.88 – $0.90 → deeper accumulation zone if pressure continues.
✅ Pro Tips for Traders
1. Shakeouts Are Opportunities → Long liquidations often mark short-term bottoms. Watch for reversal signals.
2. Don’t Overleverage → $SOMI is volatile; over-amped longs just got punished. Stay light and strategic.
3. Volume Confirmation → A breakout above $1.05 needs strong volume. Weak moves = fake pumps.
4. Set Smart Stops → Guard downside under $0.95 or $0.90 depending on your entry.
5. Scale, Don’t Chase → Enter in layers, take profits in layers. Protect gains, don’t gamble them.
⚡️The wipeout clears the field – now it’s time to see if $somibulls can reload and charge toward $1.20+. 🚀
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