SOMI is currently testing resistance around the $0.31 level, but the broader technical picture remains worth monitoring. A confirmed RSI bearish divergence would be the key signal to watch—if that materializes, expect the first retracement target to land near $0.24, with further downside potentially reaching $0.21 should that support fail to hold. That said, from a longer-term perspective, the overall trajectory still favors the bulls, suggesting any pullback could present an opportunity rather than a trend reversal.
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hodl_therapist
· 12-16 04:53
Wait, is RSI divergence coming again? The last time I said that, SOMI shot straight up...
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ContractTearjerker
· 12-16 04:51
0.31 is stuck. If RSI breaks down, it will go lower, but I'm still optimistic in the long term. Just buy more if it drops.
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DegenWhisperer
· 12-16 04:39
Wait, the RSI looks like it's reversing, and that 0.24 line doesn't seem to hold.
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0xLostKey
· 12-16 04:34
Can SOMI break 0.31 this time? I feel like if RSI shows divergence, it's going to tank. I really can't wait any longer.
SOMI is currently testing resistance around the $0.31 level, but the broader technical picture remains worth monitoring. A confirmed RSI bearish divergence would be the key signal to watch—if that materializes, expect the first retracement target to land near $0.24, with further downside potentially reaching $0.21 should that support fail to hold. That said, from a longer-term perspective, the overall trajectory still favors the bulls, suggesting any pullback could present an opportunity rather than a trend reversal.