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【$SOMI Signal】Long + Breakout with High Volume
$SOMI completed the breakout after a 61% surge in volume, with open interest rising simultaneously. This is a typical signal of institutional entry, not a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.332 - 0.340
🛑 Stop Loss: 0.315 ( Rigid Stop Loss )
🚀 Target 1: 0.380
🚀 Target 2: 0.420
Price action shows a significant upward move accompanied by increased open interest, confirming the authenticity and strength of buying pressure. The market logic points to new funds entering the market, rather than false prosperity caused by short covering. The current price is consolidating above the breakout level; as long as it does not fall below the key support, a healthy retracement will lead to further upward testing of liquidity zones.
Trade here 👇 $SOMI
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