I’m seeing short positions get unwound around $0.27258, and price stayed resilient instead of sliding lower. The reaction appears balanced, showing sell pressure was absorbed as buyers stepped in.
Price is maintaining strength above the $0.272 reaction area, keeping the structure constructive. Upward momentum is improving as liquidation activity reduces downside weight and supports continuation. Liquidity is aligned above $0.295 and $0.318, which often draws price higher when participation remains active.
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I’m seeing short positions get unwound around $0.27258, and price stayed resilient instead of sliding lower. The reaction appears balanced, showing sell pressure was absorbed as buyers stepped in.
EP (Entry Price): $0.2759
TP1: $0.2875
TP2: $0.3048
TP3: $0.3295
SL (Stop Loss): $0.2614
Price is maintaining strength above the $0.272 reaction area, keeping the structure constructive.
Upward momentum is improving as liquidation activity reduces downside weight and supports continuation.
Liquidity is aligned above $0.295 and $0.318, which often draws price higher when participation remains active.
$SOMI