$SOMI Perp

Last Price: 0.3142

Price in INR: Rs87.87

24h Change: +43.14%

Market Analysis: $SOMI is showing strong bullish momentum, with substantial daily gains. The recent rally may indicate increased interest and market potential. Traders should look for confirmation before entering a trade to avoid false breakouts.

Key Support: 0.2850

Key Resistance: 0.3300

Trade Target:

A breach above 0.3300 could target 0.3500, while a drop below the support level at 0.2850 could signal a deeper retracement towards 0.2700.

Pro Tip:

Use a tight stop loss around 0.2850 if you're trading near support to manage risk effectively, and watch for confirmation of resistance breaks for entry.