Trade setup $SOMI
Current price: 0.2676 (≈ $0.27) 
Entry price: 0.264 – 0.272
Target 1: 0.32
Target 2: 0.38
Stop loss: 0.245
Analysis
SOMI has been bouncing between support and resistance after recent volatility, showing buyers stepping in around the low‑0.26 zone and sellers capping climbs near mid‑0.29 levels. The token remains fundamentally a Layer‑1 utility asset with deflationary mechanics (burning a portion of fees), which can support mid‑term demand if market sentiment stays constructive.  Short‑term price action suggests a range breakout setup: a sustained move above ~0.27 on decent volume could open the door to 0.32 as the first profit zone. If bullish momentum builds and key swing highs are cleared, 0.38 becomes a logical second objective. Keep the stop tight below recent support at 0.245 to protect capital if sellers regain control; patience and confirmation matter here more than chasing breakouts.#Write2Earn $SOMI
