$SOMI made a strong parabolic move from the lows, and now it’s consolidating above the breakout level while maintaining a bullish continuation structure on the 1H chart 📈

This signals that the upward momentum is still alive, so a long trade is favorable.

Buy zone: 0.258 – 0.266

Targets:

‱ TP1: 0.276

‱ TP2: 0.288

‱ TP3: 0.305

Stop loss: 0.248

As long as price holds above the breakout and consolidation area, the trend points toward further upside.

SOMI
SOMI
0.2095
+0.96%

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