$SOMI /USDT Current price is showing strong activity at $0.1984, up +6.67% in the last 24 hours. After the recent strong breakout and continuation push, the chart is flashing momentum signals.
On the 1H structure (visible within the 15m expansion), we can clearly see a strong impulsive move from $0.1877 lows toward $0.2015, followed by healthy consolidation just under resistance. Bullish candles are forming after a shallow pullback, hinting that buyers are still active.
The structure suggests accumulation above $0.196 support.
Trade Setup
• Entry Zone: $0.1970 – $0.1990
• Target 1 🎯: $0.2015 (recent high retest)
• Target 2 🎯: $0.2050 (next psychological & minor resistance)
• Target 3 🎯: $0.2100 – $0.2120 (24h high zone extension)
• Stop Loss: $0.1945 (below local structure support)
If the $0.2015 breakout level is taken with solid volume, price can expand into a continuation rally toward the $0.21+ region. Volume expansion will be key confirmation.
#USRetailSalesMissForecast #USNFPBlowout
