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$SOMI / USDT – Breakout Continuation Setup
SOMI already pumped hard, but the key thing now is it didn’t dump back — price is holding high near the top. That’s strength.
📊 Structure:
Impulse pump → shallow pullback → higher low → push back to highs
This is classic bullish continuation behavior.
📍 Key Levels:
• Support: 0.305 – 0.308
• Higher Low Zone: 0.309 – 0.311
• Resistance Now: 0.318 – 0.322
• Breakout Level: Above 0.322
• Next Targets: 0.330 → 0.345
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📈 Trade Idea (Momentum Long):
🟢 Entry: Pullback 0.309 – 0.312
🎯 Target 1: 0.322
🎯 Target 2: 0.330
🎯 Target 3: 0.345
🛑 Stop Loss: Below 0.302
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📈 Market Read:
After a +40% move, price should dump if weak. But instead, it’s compressing near highs — that means buyers are absorbing sells.
⚡ If 0.322 breaks with volume → fast squeeze possible.
⚠️ Only turns weak if 0.305 loses — then deeper pullback to 0.29 area.
Right now: Bull flag style structure, still in control.
#SOMI #SOMIUSDT #CryptoTrading #BreakoutSetup