$SOMI is trading significantly below earlier key levels and its all-time highs (~$1.92), showing an extended downtrend from peak levels in 2025.
Recent analysis points to bearish technical conditions with prices below most major moving averages, indicating downward momentum remains dominant Around $0.2176 – $0.2355 (Fibonacci resistance) — moderate cap on gains.
Psychological/moving average resistance around $0.24–$0.26 area (short-term SMA zones).