#SOMIAnalysis ๐น Technical Analysis SOMIA/USDT
Currently, SOMIA is trading at $1.03, showing consolidation after the recent upward momentum. The price is within a key range that will define the next trend.
๐ Key Levels
โข Immediate support: $0.98 โ $1.00
โข Major support: $0.92
โข Immediate resistance: $1.08
โข Major resistance: $1.15 โ $1.20
๐ Bullish Scenario:
If the price breaks with volume above $1.08, it could quickly target the $1.15 area, and exceeding that level could extend towards $1.20 โ $1.25. This would validate a continuation of the bullish trend.
๐ Bearish Scenario:
If it drops below $0.98, it would open the way towards $0.92, where the next liquidity zone is located. Losing that support would put the bullish structure at risk.
๐ฏ Trade Strategies
โข Long: entry at $1.00 โ $1.03 with targets at $1.08 / $1.15 / $1.20 and stop below $0.97.
โข Short: only if it breaks $0.98 with strength, target $0.92 and stop above $1.03.
โก Buyer volume has shown reactivation, so as long as it stays above $1.00, the bias remains slightly bullish.
