$SOMI Looks heavy in the top area, buyers are losing momentum.

Go short on $SOMI now.

Entry: 0.1900 – 0.1880

Stop loss: 0.1950

First target: 0.1750

Second target: 0.1702

Third target: 0.1627

After a strong upward move, the RSI has entered the overbought zone, and the price is struggling at the upper Bollinger Band. The upward momentum seems to be waning, and selling pressure is beginning to show. This kind of momentum exhaustion is often a precursor to a pullback, as overextended moves tend to revert to the mean. As long as sellers remain active, the heavy selling pressure could push the price lower.

Trade $SOMI here. 👇