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#SOMI 0.18 market price small-position long -0.17, target 0.19-0.2, -0.22, stop loss 0.1644.
Subsequently, during the weekend correction, multiple attempts to break through failed, and it retreated.
Yesterday morning, the overall decline of the two major coins was precisely targeted again, sharply hitting the downside.
The current market is in a consolidation phase before the direction is chosen.
Although the moving averages are now above the 20-day and 50-day lines, the short-term trend remains positive.
However, the MACD indicator is negative, suggesting that the upward momentum has weakened, with potential bearish pressure.
In the short term, watch for short positions near 77,800-78,500, and consider buying near 76,000-75,000.