📊 SOMI/USDT — 4H Market Update

🔹 Price Action

Current Price: $1.2737

24h Change: 🔻 -17.15% (sharp pullback)

24h Range: $1.2491 → $1.9000

Last 4H Candle (09:00):

Open: $1.2587 | High: $1.3104 | Low: $1.2512 | Close: $1.2737

✅ Slightly bullish (+1.14%) but still inside a correction phase after the $1.90 peak.

🔹 Moving Averages

MA(7): $1.5128 → 📉 Price trading below → short-term bearish.

MA(25): $1.1005 → 📈 Price holding above → mid-term bullish trend intact.

⚡ Market is in a healthy pullback after a parabolic rally.

🔹 Volume

Big volume spike fueled the rally to $1.90.

📉 Now volume is cooling off during correction → sellers losing steam, buyers still cautious.

🔹 Order Book Insights

Resistance (Sell Walls):

$1.27–$1.28 (immediate)

$1.30–$1.35 (stronger cap)

Support (Buyer Clusters):

$1.25 → $1.20 (near-term floors)

$1.00 (major psychological level)

🔹 Market Sentiment (4H)

Short-term Bias: ⚠️ Bearish (below MA(7))

Mid-term Bias: ✅ Bullish (above MA(25))

Key Support: $1.25 → $1.20 → $1.00

Key Resistance: $1.35 → $1.50 → $1.90

✅ Trading Playbook

Swing Traders: Watch for a bounce at $1.25 support.

Bullish Trigger: Break & hold above $1.40 with strong volume → next targets $1.60–$1.90.

Bearish Risk: Losing $1.20 could accelerate sell-off toward $1.00.

Pro Tip: High volatility → use tight stop-loss and avoid over-leverage.

$SOMI

⚡ SOMI is cooling down after a massive run. Smart traders will watch whether buyers defend $1.25–$1.20 or if sellers drag it down to $1.00.