$SOMI New Update đ
The Important Things We Noticed -
đ Current Price
$0.8399 (down -4.07%)
24h High: $0.9495
24h Low: $0.8232
24h Volume: 48.89M SOMI / 42.80M USDT
đ”ïžââïž Technical Update
Trend:
The chart shows a downtrend since the peak near $1.60+.
Current price is testing support around $0.82 â $0.84.
Support Levels:
Strong zone: $0.82 â $0.84 (holding now).
Next possible support if broken: $0.75 â $0.70.
Resistance Levels:
First resistance: $1.00 â $1.05.
Next resistance: $1.20 â $1.25.
Major resistance: $1.50 â $1.60 (previous rejection area).
Volume:
Decent trading volume, but sellers are stronger at higher prices.
đź My Opinion (Short-Term)
If $0.82 support holds, a bounce toward $1.00 â $1.05 is possible.
If it breaks below $0.82, price may dip further to $0.75 or even $0.70.
For safe trading:
Buy zone: $0.75 â $0.82 (only if support holds).
Target zone: $1.00 â $1.20 (short-term).
Stop-loss: Below $0.70.
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