📉 $SOMI /USDT SHORT SIGNAL: Trend Reversal in Progress? 🚨

The price action for $SOMI is showing strong signs of exhaustion after the recent move. We are seeing a breakdown from the local support levels, and the bearish momentum is picking up speed. It’s time to look for a downside play! 📉

⚡ Trade Signal: #SOMI / USDT (SHORT) ⚡

📍 Entry Price: Current Market Price (Entry Now)

🎯 Take Profit (TP) Targets:

1️⃣ 0.2498

2️⃣ 0.2342

3️⃣ 0.2091

Technical View:

SOMI is facing heavy resistance and is failing to print higher highs on the 1H/4H timeframes. With the RSI turning downwards and selling volume increasing, a correction toward the 0.20 level looks highly probable. Watch for a confirmed candle close below the immediate support for extra confirmation! ⚠️

#somiusdt #SOMI #GrayscaleBNBETFFiling #ETHMarketWatch

SOMIUSDT

Perp

0.2222

-4.10%