$SOMI USDT LONG TRADE SIGNALđ„đ„
$SOMI USDT is forming a tight consolidation after a strong impulsive push toward the 0.205â0.210 resistance zone. Price has established a higher low around 0.190 and is now ranging above 0.195, showing signs of accumulation before a potential breakout continuation.
The recent liquidity wick toward 0.210 indicates upside interest, and current compression near resistance suggests a breakout attempt is building. Holding above the 0.190 support keeps the bullish structure intact.
Trade Setup:
Long Entry: 0.194 â 0.198
TP1: 0.205
TP2: 0.212
TP3: 0.220
SL: 0.188
Market Outlook:
Momentum remains constructive on the 1H timeframe with higher lows forming. A clean breakout above 0.210 could trigger an accelerated bullish move. Losing 0.188 would invalidate the short-term bullish setup.
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