$SOMI saw a sharp expansion move followed by a deep pullback from the highs now price is compressing near a key demand zone. Selling pressure has slowed, and the structure suggests stabilization rather than continuation to the downside. If this base holds, a relief bounce is likely

Long $SOMI now

Entry: 0.278 0.285

TP1: 0.310

TP2: 0.345

TP3: 0.385

SL: 0.262

This is a classic pullback-after-impulse setup on the 1H. Holding above demand keeps the bullish recovery scenario valid.

Click below to take the trade