My Analysis: SOMI is currently pinned below its 20-day EMA ($0.259) and 50-day EMA ($0.360). A bullish divergence on the 4H RSI suggests a potential reversal from current oversold levels, provided it can reclaim the $0.272 Fibonacci level.
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$SOMI $SOMI
Entry Zone: $0.205 – $0.235
Targets: $0.272, $0.301, $0.580
Stop Loss: $0.187
My Analysis: SOMI is currently pinned below its 20-day EMA ($0.259) and 50-day EMA ($0.360). A bullish divergence on the 4H RSI suggests a potential reversal from current oversold levels, provided it can reclaim the $0.272 Fibonacci level.