$SOMI USDT
$SOMIUSDT has delivered a strong impulsive move with +50%+ gains, breaking above previous consolidation and printing higher highs and higher lows on the lower timeframes. Price is holding above former resistance (~0.30), which has flipped into solid support — indicating bullish continuation strength.
Volume expansion confirms real buyer participation, not just a weak spike. After tapping the 0.35 zone, price is slightly pulling back, likely forming a bullish flag / healthy retest before the next leg up.
📊 Trade Setup (Long)
Entry Range: 0.325 – 0.340
Target 1: 0.360
Target 2: 0.390
Target 3: 0.420
Stop Loss (SL): 0.300
🔎 Technical Confluence
• Strong breakout above resistance
• High 24h volume (momentum backed)
• Higher lows structure intact
• Support flip at 0.30–0.31 zone
• Momentum still bullish on short timeframes
📈 Short Outlook
As long as price holds above 0.30, bulls remain in control. A clean break above 0.35–0.36 could trigger the next expansion toward 0.40+. Losing 0.30 would invalidate the bullish setup and shift momentum neutral/bearish.
Bias: Bullish continuation