$SOMI is printing a strong bullish continuation move after a long base. Price broke out with heavy volume and is now consolidating near the highs, which shows buyers are still in control, not distributing.

The sharp impulse followed by tight consolidation usually signals continuation, not reversal. As long as price holds above the key demand zone, upside remains favored.

Trade Setup (Long):

Entry Zone: 0.26 – 0.27

Stop Loss: 0.24

Targets:

TP1: 0.30

TP2: 0.34

TP3: 0.38

Trend bias remains bullish above 0.24. Avoid chasing green candles — best entries come on pullbacks into support.

SOMI

0.1962

-6.92%