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【$SOMI Signal】Bullish | Healthy Reset After Breakout with Volume
$SOMI After a 15% increase with volume, the price is consolidating in a narrow range at high levels. The price action indicates healthy profit-taking and liquidity reset, rather than top-selling pressure.
🎯 Direction: Bullish
🎯 Entry: 0.2950 - 0.3020
🛑 Stop Loss: 0.2850 ( Rigid Stop Loss )
🚀 Target 1: 0.3300
🚀 Target 2: 0.3500
Market logic: After a massive surge, the price did not experience panic selling or deep retracement but formed a tight flag pattern above the breakout zone. The volume data shows that main funds are still active, and the current consolidation is a healthy reset after absorbing buy orders and shaking out shorts. Each retracement on the lower timeframe is quickly bought back, indicating market sentiment has shifted to bullish dominance. As long as the price stays above 0.2850, the probability of continuing upward is much higher than reversing.
Trade here 👇 $SOMI
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