$SOMI 🚨 TRADE ALERT: SOMIUSDT | BREAKOUT RETEST LONG | 50X LEVERAGE 🚨
🔥 WHY THIS IS A MUST-TAKE TRADE:
1. BREAKOUT & HOLD: Price exploded +56%, SHATTERING the 0.30 resistance. It's now HOLDING ABOVE the breakout level—a classic sign of strength.
2. BULL FLAG FORMING: On the 1H chart, price is coiling in a tight bull flag right at the breakout zone. This is a continuation pattern, not a reversal.
3. SUPPORT CONFLUENCE: The flag is forming at the confluence of the 1H EMA(50) and the psychological support at 0.3400. This is a high-probability bounce zone.
4. SHORTS ARE TRAPPED: Funding rates are NEGATIVE (-0.47%). This means shorts are over-leveraged and will fuel the next move up when they cover.
📈 STRATEGY: Bull Flag Breakout Retest & Continuation.
🎯 TRADE EXECUTION (50X):
· Direction: LONG ✅
· Entry Zone: 0.3400 - 0.3450 (Flag support & EMA confluence)
· Stop Loss: 0.3350 (Below the flag structure) ❌
· Take Profit 1: 0.3800 (Initial target) 🎯
· Take Profit 2: 0.4136 (24H High Retest) 🎯🎯
· Risk/Reward: >1:3 ⚖️
💎 THE VERDICT:
This is a low-risk, high-reward entry into a confirmed uptrend. You're buying at the retest of a major breakout with the trend, volume, and market mechanics (negative funding) all on your side. The setup is clean, logical, and offers a fantastic risk/reward. Don't overthink it. Enter, set your stop, and let the trend work.
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