Price is struggling around the 0.29 – 0.30 range after a strong rise. There are attempts to go higher, but no continuation. This tells us: momentum is weakening, the market is at a decision point. 🔍 Technical side:
No persistence above 0.30
RSI has dropped below 50
Price is moving sideways–downward trend
This setup keeps the controlled short scenario on the table. 📌 Important levels
Close above 0.300 – 0.305 → Scenario invalidates
Below 0.285 → Movement may accelerate
0.26 – 0.24 range → Main support / profit zones
⚠️ It’s especially important to say: The market is currently tight. In such situations, “one move” is not enough; position management must be done piece by piece. Being right is not enough; without risk management, the market won’t forgive. 🧠 My approach: I look at the scenario, I look at the levels. I don’t make definitive statements before a close. 📎 This is not investment advice. What is shared here is a personal technical perspective. Everyone should manage their own risk. 💬 Do you think the price will surpass 0.30, or will this squeeze resolve downward? #SOMIUSDT #Crypto #CryptoAnalysis #TechnicalAnalysis #Altcoins
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📉 SOMIUSDT | Short scenario on the table
Price is struggling around the 0.29 – 0.30 range after a strong rise.
There are attempts to go higher, but no continuation.
This tells us: momentum is weakening, the market is at a decision point.
🔍 Technical side:
No persistence above 0.30
RSI has dropped below 50
Price is moving sideways–downward trend
This setup keeps the controlled short scenario on the table.
📌 Important levels
Close above 0.300 – 0.305 → Scenario invalidates
Below 0.285 → Movement may accelerate
0.26 – 0.24 range → Main support / profit zones
⚠️ It’s especially important to say:
The market is currently tight.
In such situations, “one move” is not enough; position management must be done piece by piece.
Being right is not enough; without risk management, the market won’t forgive.
🧠 My approach:
I look at the scenario, I look at the levels.
I don’t make definitive statements before a close.
📎 This is not investment advice.
What is shared here is a personal technical perspective.
Everyone should manage their own risk.
💬 Do you think the price will surpass 0.30, or will this squeeze resolve downward?
#SOMIUSDT
#Crypto
#CryptoAnalysis
#TechnicalAnalysis
#Altcoins