$SOMI I/USDT — shakeout before the real decision
Nice example of weak hands getting cleared. After the initial pop, price dipped under pressure but didn’t free-fall — instead it’s basing right around the 0.295–0.297 demand zone, sitting near MA60. Volume spikes on the drop, then cools — classic absorption.
This isn’t strength yet, but it is stability after volatility. If SOMI can reclaim and hold 0.300–0.302, momentum flips back in favor of the bulls with 0.31+ back on the radar. Lose 0.292, and the range extends lower before the next attempt.
No FOMO here.
The best trades come after the panic candle, not during it.
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SOMI
Alpha
0.31447
+3.05%