Armaghan Ahmad

Alright, let's walk through this setup in a relaxed, clear way—like we're just scrolling the chart together and talking it out. Purely educational stuff here, not financial advice at all, so treat it as one perspective and always verify with your own eyes.
On the daily timeframe, we've got a really convincing reversal kicking off from that demand zone around 2.70–2.75. The impulse candle was strong, backed by a solid volume spike that screams real buyers piling in rather than just a quick wick or fakeout. Price then powered higher and reclaimed the 7-day and 25-day moving averages in a single decisive move, which is a classic bullish reclaim signal. Right now though, we're still sitting below the MA(99), which is hovering near 3.93 or so—that's the big overhead resistance to watch. This whole thing feels like a genuine trend attempt in the making, but it's early days; we haven't locked in a full uptrend confirmation yet.
For the best risk-reward long entry, the smart play is to stay patient and wait for a pullback instead of jumping in mid-rally. The sweet spot to target would be roughly 3.25–3.40—look for a clean higher low to form on the 1-hour chart there, with volume noticeably declining on the downside candles. That would indicate sellers are backing off and the buyers are still holding the fort without much pressure, setting up a higher-probability bounce.
If you're more momentum-oriented and okay with added risk, the aggressive entry trigger is a solid daily close above 3.95. That would mark a proper reclaim of the MA(99) and could unlock more continuation upside, though it often comes with extra chop and volatility as the market tests the breakout.
On the targets front, the first realistic profit-taking area is around 3.95–4.05, which ties into that MA(99) zone and might see some initial selling. If the move has legs, next up is 4.30–4.50 as a logical extension point. For a stronger expansion scenario, 4.90–5.10 could come into view if volume and momentum keep building.
Risk-wise, keep it tight but reasonable: a conservative stop-loss at 2.95 gives the trade some wiggle room while staying below the structure we bounced from. For aggressive entries, you could place it closer around 3.20. If we get a daily close below 2.95, the bullish case breaks down hard—better to cut and move on.
What would strengthen this setup? Seeing a higher low hold above 3.20, volume fading nicely on any red candles during pullbacks, and then a clean, convincing break through 3.95 with follow-through. Red flags to watch for include a big rejection wick right around 4.00 paired with heavy sell volume, or any breakdown below 3.20 that starts to erode the recent gains.
Wrapping it up: this has the look of early accumulation turning into potential expansion—promising signs from buyers, but still needs more proof to call it a sustained trend. The cleanest edge comes from waiting for that pullback to hand you a better entry rather than forcing it now. Discipline on the wait usually pays off with superior risk control. Keep an eye on it, and let the price action tell the story.
#LPT

like we're just chatting through it on a call. Everything here is purely educational—definitely not financial advice, just my read on the current setup.
On the daily timeframe, we saw a really solid reversal candle bounce right off that demand zone between roughly 0.18 and 0.20. What stood out was the massive volume spike that came with it, which tells me this wasn't some fake-out wick; real buyers stepped in hard. From there, price powered up and reclaimed both the 7-day and 25-day moving averages in one clean sweep, which is a bullish sign of strength. Right now we're sitting just underneath the MA(99), hovering in the 0.30–0.31 area, so that's acting as the first serious resistance overhead. Overall, this feels like a relief rally that's trying to turn into something more trending, but it's still early—we're not in full continuation mode yet.
For a safer long entry, I'd prefer waiting for a healthy pullback rather than chasing the current momentum. The ideal zone to watch would be around 0.26–0.28, where you could look for a higher low forming on the 15-minute or 1-hour chart. During that dip, volume should ideally cool off and dry up a bit—that would show sellers aren't aggressive and buyers are still in control underneath.
If you're feeling more aggressive and want to play the breakout side, the trigger would be a solid daily close above 0.305. That would confirm we're reclaiming the MA(99) properly and could open the door to more upside, though expect some chop and volatility along the way.
On the target side, first take-profit area sits at 0.32–0.34, which lines up with the recent high and a supply zone that might offer some temporary resistance. If momentum carries through, next levels are 0.38–0.40, and for a real extension play, 0.46–0.50 becomes possible if the broader strength keeps building.
For risk management, a conservative stop-loss would go at 0.23 to give the trade some breathing room while protecting against a deeper failure. If you're entering more aggressively on the breakout, you could tighten it to around 0.255. But if we see a daily close below 0.23, the whole setup gets invalidated in my view—better to step aside at that point.
What would make this look even stronger? A clean pullback with declining volume, price holding firmly above 0.26 on any dips, and then the next leg up breaking through 0.305 with conviction. On the flip side, warning signs would be a sharp rejection at 0.30 accompanied by heavy selling volume, or any breakdown below 0.25, which would shift the bias back to cautious or bearish.
Bottom line: this has the ingredients to move from a classic dead-cat bounce into a legitimate trend attempt, but patience is key here. Waiting for the market to come to you usually gives a much cleaner risk-reward than forcing an entry. Stay sharp and let price show its hand.
#SOMI $SOMI