Now 👌
#SOMİ
There has been a very strong rebound from 0.8854 and it has risen by more than 10% approximately up to 0.9816.
The price has exceeded EMA7 and EMA25 and is now facing direct resistance at EMA99 (0.9762 – 0.98).
If it manages to close a 15-minute or hourly candle above 0.98 – 0.985, the next target will be 1.00 – 1.016 (the highest daily peak).
But if the price rejects at 0.98–0.985, we might see a return to test 0.95 – 0.94.
📊
Liquidity is good (trading volume is high).
Momentum is bullish on smaller time frames (15 minutes).
Just be cautious of the very strong resistance at 0.99 – 1.00.
#SOMİ
There has been a very strong rebound from 0.8854 and it has risen by more than 10% approximately up to 0.9816.
The price has exceeded EMA7 and EMA25 and is now facing direct resistance at EMA99 (0.9762 – 0.98).
If it manages to close a 15-minute or hourly candle above 0.98 – 0.985, the next target will be 1.00 – 1.016 (the highest daily peak).
But if the price rejects at 0.98–0.985, we might see a return to test 0.95 – 0.94.
📊
Liquidity is good (trading volume is high).
Momentum is bullish on smaller time frames (15 minutes).
Just be cautious of the very strong resistance at 0.99 – 1.00.
