🔮 $SOMI – Bearish Reversal, Sellers Eye Downside Targets 🔮

📌 Short Setup

‱ Entry: 0.76 – 0.78

‱ Targets: 0.70 / 0.64 / 0.55

‱ Stop Loss: 0.86

$SOMI/USDT rallied +41% in the last 24h but is now showing exhaustion near the 0.85 resistance zone. A rejection candle and overbought conditions suggest momentum is fading, with sellers beginning to take control. Losing the 0.80 handle strengthens the bearish case and opens room for deeper retracement.

⚠ Risk Management

Short with controlled size and risk no more than 2% of capital. Keep stops firm above 0.86 to avoid being trapped in a squeeze. Take profits gradually at key liquidity levels (0.70 / 0.64 / 0.55).

Momentum is shifting bearish, with breakdown potential building after a parabolic run. ⚡

SOMI
SOMI
0.2178
-2.24%

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