$SOMI just delivered a textbook bullish reversal + expansion on the 4H chart. After a prolonged downtrend, price formed a clear base around $0.185–$0.195, followed by a strong impulsive breakout — signaling a decisive shift in control from sellers to buyers.

The vertical candle confirms aggressive demand entering the market. Current price is holding near $0.27, and as long as this level is defended, continuation remains the higher-probability move rather than a full retrace.

Trade Setup (Long):

Entry Zone: $0.255 – $0.270

Stop Loss: $0.238

Targets:

TP1: $0.295

TP2: $0.330

TP3: $0.380

Bias stays bullish above the breakout zone. Avoid chasing the wick — best entries come on controlled pullbacks into support.

SOMI

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