⚠️ $SOMI – Short-Term Pullback Forming!
Rejection from local resistance signals potential downside continuation.
📉 Trade Setup: SHORT $SOMI
Entry: $0.1980 – $0.2010
Stop Loss: $0.2055
Take Profits:
• TP1 → $0.1930
• TP2 → $0.1890
• TP3 → $0.1840
Why This Setup?
#SOMI pushed into the $0.2020 area and showed rejection with consecutive bearish 1H candles.
Price is failing to hold above $0.2000 psychological resistance, forming a lower high structure intraday.
As long as it stays below $0.2055, downside continuation toward $0.1930 – $0.1890 remains likely.
Breakdown below $0.1890 can open room toward $0.1840 liquidity zone.
⚡ Will #SOMI lose $0.1950 support and extend the pullback?
Trade smart. Manage risk. Follow for high-probability setups! 🚀