$SOMI just saw a $1.5449K long liquidation at $0.23152, signaling that leveraged buyers were forced out as price dipped. This kind of liquidation usually indicates short-term bearish pressure, especially if volume increases around the liquidation zone.

Traders should watch the $0.23 area closely. If price stabilizes above this level, we could see a quick bounce fueled by trapped shorts. However, if sellers maintain control and price breaks below support with strong volume, further downside momentum may follow.

📊 Key Strategy:

• Wait for confirmation before entering

• Watch volume spikes

• Manage risk with tight stop-loss

Stay alert volatility creates opportunity, but discipline protects capital.

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SOMI

0.2106

-9.92%