2026-01-02 21:24:46

SOMI has been consolidating in a tight range lately—bouncing between $0.241 and $0.255 over the last 6 days. Right now it's retesting that upper boundary at $0.253 again. The question is whether this time it breaks through or fails. Looking at the Bollinger Band setup, if the breakout holds, we might see some upside momentum. If it reverses from here, expect another dip toward the lower band around $0.241. The next few hours could be telling for which direction this plays out.

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LightningAllInHero

· 01-05 15:06

Another situation where the market is stuck in the middle, it's so frustrating.

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ForkPrince

· 01-05 07:06

This situation with SOMI has a bit of a lurking feel; sticking stubbornly to the edge of the deadlock—either make a fierce breakthrough or keep looping around.

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SelfSovereignSteve

· 01-02 21:54

Is SOMI about to break its position again? It's a bit tiring to see this repeated pattern.

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MemeEchoer

· 01-02 21:51

Somi, this move will either break through or crash the market; there is no third option.

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FunGibleTom

· 01-02 21:49

SOMI is testing the top again this time, but I feel it will probably get knocked down...

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ProofOfNothing

· 01-02 21:46

Still stuck at 0.253, when will it break through?

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DefiEngineerJack

· 01-02 21:45

actually™ the bollinger band squeeze here is textbook mean reversion setup but everyone's ignoring the volume profile... if this breaks $0.253 empirically we're looking at maybe 3-4% move before resistance, not some life-changing pump. show me the order flow or it's just noise

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SybilAttackVictim

· 01-02 21:41

After such a long consolidation, will it break through or break down? The key depends on the next few hours. Hoping it doesn't drop back to 0.241 again.

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GateUser-26d7f434

· 01-02 21:37

I'm a bit annoyed that it's repeatedly testing the 0.253 level, to be honest.

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