$SOMI | DAILY UPDATE SOMI is around $0.192 after bouncing from $0.1683. Yesterday closed at $0.1954, above the previous $0.1933 hurdle, but today has slipped back below it. That makes the hold more important than the initial breakout. I want to see a daily close back above $0.1933, followed by a successful retest. The recent $0.1978 high is the next test, then $0.2053. Clearing those would bring $0.2210 into focus, where the earlier recovery ran into selling. On a pullback, I am watching the $0.1790 to $0.1810 area. A close below $0.1790 with no recovery would put $0.1683 back on the map. Losing that low would weaken the current rebound considerably. The bounce is encouraging, but the broader sequence of lower highs still needs repairing. Today’s candle and the weekly candle are both open, so I’m keeping the confirmation separate from the possibility. Hope this helps you with your own charts. 🫶 Give me a follow if you’d like to see more, I’ll keep sharing what I’m watching.