SOMI recorded a $1.1724K long liquidation at $0.10501, marking an area where leveraged buyers were flushed. Current market references place SOMI above this liquidation zone, so $0.1050 can be treated as an important support reference.
🔹 Direction: Long
🔹 Entry Zone: $0.1050–$0.1065
🔹 Stop-Loss: $0.1025
🎯 TP1: $0.1095
🎯 TP2: $0.1130
🎯 TP3: $0.1170
The setup requires $0.1050 to hold and price to show a confirmed bounce. A sustained break below $0.1025 invalidates the long thesis.
Wait for confirmation rather than buying directly into weakness, and keep risk strictly controlled.
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