Update SOMIUSDT – 8 November 2025, Morning
Price $SOMI currently: 0.3989 USDT
---
🔺Bullish Scenario:
Price is still moving above MA-7 (0.3995) and MA-25 (0.3673), indicating that the short-term trend is still strongly bullish despite experiencing a minor pullback. If the next candle can hold above 0.3950, the potential rise towards 0.4120 – 0.4200 is still open, especially if buying volume increases again.
Target: 0.4120 → 0.4200 → 0.4320
---
🔻Bearish Scenario:
If the price drops below 0.3950, then the possibility of further correction to 0.3820 – 0.3720 is quite large. A deeper breakdown below 0.3670 (MA-25) could bring the price back to the area of 0.3520 – 0.3450 (MA-99) before a new bounce occurs.
Target: 0.3820 → 0.3720 → 0.3520
---
📝 Conclusion:
SOMIUSDT is still in a healthy uptrend, but starting to show signs of an overextended rally (too rapid increase). As long as the price holds above 0.3950, the uptrend remains dominant. But if the next 1-hour candle fails to maintain that area, the potential cooling down towards 0.3720 should be watched. #dyor
