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【$SOMI Signal】Short + Volume Breakout
$SOMI Forms a breakdown structure after volume decline, high open interest suggests bulls are being wiped out.
🎯Direction: Short (Short)
🎯Entry: 0.255 - 0.260
🛑Stop Loss: 0.272 (Rigid Stop Loss)
🚀Target 1: 0.235
🚀Target 2: 0.215
$SOMI Daily decline exceeds 24%, accompanied by massive volume and high open interest, indicating a typical bull liquidation-driven decline. The price has broken below a key support zone, market sentiment has shifted to panic, rebounds are weak, and selling pressure persists. Any rebound on the lower timeframe to previous support turned resistance is an opportunity to add positions, as downward momentum has not yet fully released.
Trade here 👇 $SOMI
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