$SOMI /USDT
Live Price: Approximately $0.325
24h Performance: Up over 51% today.
Market Cap: Currently sitting around $70.6M.
The Pullback Entry ($0.26 – $0.28): This is the ideal "retest" zone. The price recently broke the $0.25 resistance;
The Momentum Breakout ($0.355): If you prefer trading strength, wait for a 4-hour candle to close above today’s high of $0.346.
This suggests the "blow-off top" hasn't happened yet and the price is heading toward $0.45.
Stop Loss (Risk Management): Place a stop loss just below $0.23. If the price falls back into the $0.19 – $0.22 range, the current bullish structure is broken.
2. Exit Points (Profit Targets)
Target 1 ($0.38 - $0.42):
Target 2 ($0.48 - $0.55):
Target 3 ($0.65+):
Ideal Entry$0.27Support retest
Entry$0.35Breakout above daily high Stop
Loss$0.23Below recent local support Take Profit 1$0.38Immediate resistance Take Profit 2$0.48
#FedWatch #VIRBNB #TSLALinkedPerpsOnBinance #Mag7Earnings
