🚀 $SOMI is showing a potential technical setup!

The weekly chart displays a strong bullish impulse following a prolonged accumulation phase, forming a potential macro reversal structure.

📈 The Technical Setup:
• The Pattern: Rounded bottom reversal with Fibonacci extension targets
• Short-term Target: 0.3382
• Macro Objective: 0.5344
• Market Structure: Reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.2015 - 0.2141
• Resistance: 0.2401
• Breakout Level: 0.2401
• Stop Loss / Invalidation: 0.1709

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Strong consecutive weekly bullish candles
• Trend: Reversal from macro downtrend

⚠️ Invalidation:
A sustained weekly close below 0.1709 invalidates the setup.

Keep a close eye on key resistance levels for a confirmed breakout.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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