$SOMI | BULLISH STRUCTURE CONFIRMED ON H1 & H4 🚀

$SOMI shows multi-timeframe consensus (MTF alignment) as both H1 and H4 maintain a clear bullish structure. Price has formed Higher High – Higher Low, confirming a short- to medium-term bullish trend.

Currently, price is pulling back to the Demand zone 0.285 – 0.295, which is a suitable area for re-entry according to the trend after a Break of Structure (BOS).

📈 TRADING PLAN (LONG SETUP)

• Entry: 0.285 – 0.295 (Demand / Pullback zone)

• Stop Loss: 0.25

→ Below swing low & below bullish structure (trend invalidation)

• Take Profit:

• TP1: 0.34 (Liquidity grab / Local high)

• TP2: 0.38 (Previous resistance / Supply)

• TP3: 0.42 (Extension target)

📌 The scale-out strategy helps lock in profits and reduce risk during market volatility.

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🔭 LONG-TERM OUTLOOK

In terms of narrative & development momentum, SOMI still has plenty of growth potential. In a favorable market scenario, the $2 area is the long-term target, not a target for short-term trades.

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⚠️ This is a technical analysis, not investment advice. Capital management is a vital factor. $SOMI