$SOMI / USDT is trading around $0.2113, up 1.00%, after pulling back from the recent high at $0.2240. Price is trying to form support near the mid-range moving averages.

Trade Setup

Buy Area: 0.2100 – 0.2120

• Target 1: 0.2155

• Target 2: 0.2190

• Target 3: 0.2230

Stop Loss: 0.2075

SOMI is attempting a slow recovery after the dip. If buyers hold this zone, a bounce toward upper resistance