$SOMI ⚡ SOMIUSDT - THE EXHAUSTION SHORT SETUP
📊 MULTI-TIMEFRAME REVERSAL SIGNALS
Market Structure:
· 4H Chart: Price is showing extreme divergence. While EMAs are still bullish (price above 9,15,50), the RSI has cooled from 79 to 60 - a classic momentum loss after a +49% pump.
· 1H Chart: Bearish divergence confirmed - price made higher highs but RSI made lower highs. The 1H Supertrend at 0.2635 is now critical support.
· 15M: Distribution pattern forming - lower highs, decreasing volume on up moves.
Market Psychology:
· Profit-Taking Frenzy: Smart money is distributing to retail FOMO buyers after a 50% move.
· Order Book Imbalance: 58.19% Ask vs 41.81% Bid - heavy selling pressure stacked above.
· Funding Rate Clue: Consistently negative (last -0.29104%) shows shorts are accumulating, expecting a reversal.
🎯 TRADE STRATEGY (TREND EXHAUSTION SHORT)
Direction: SHORT
Entry Zone: 0.2910 - 0.2930 (Failed retest of highs)
Take Profit (TP): 0.2635 (-9.5%)
Stop Loss (SL): 0.3040 (+4.5%)
Leverage: 50x
Risk-Reward Ratio: 1:2.1
Why This Short Works:
1. Overbought Reversal: 1H RSI cooled from 79 to 60, showing momentum exhaustion.
2. Resistance Cluster: 0.3132 (24H high) rejected multiple times.
3. Volume Confirmation: Decreasing volume on up moves = no conviction.
4. Fibonacci Retracement: 50% pump often sees a 38.2% retracement to 0.2635.
⚠️ RISK MANAGEMENT
· Position size: 1.2% max capital.
· SL above recent swing high (0.3040).
· If price reclaims 0.2950 and holds, reassess - momentum might continue.
✅ CONFIRMATION TRIGGERS
· 1H candle close below 0.2880.
· RSI(14) on 1H breaks below 50.
· 15M volume surge on move down.
This is a counter-trend play targeting profit-taking after a massive pump. Markets don't sustain 50% moves without pullbacks.
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