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【$SOMI Signal】Pullback Entry | Negative Funding Rate Short Squeeze + 1H Support
$SOMI RSI 4H 72.5, Deeply supports at 1.10, funding rate -0.15% indicating crowded shorts. 1H MACD volume contracts, price drops from 0.2549 to 0.2012, testing the 4H Bollinger upper band at 0.1978. Negative funding rate quickly absorbs selling pressure, short covering potential is clear.
🎯Direction: Long (Pullback Pending Orders)
⚡Entry/Order: 0.1792 - 0.2002
🛑Stop Loss: 0.1726
🚀Target 1: 0.2021
🚀Target 2: 0.2029
🛡️Trade Management: Reduce 50% at Target 1, move stop loss up to entry level. If price falls below the lower boundary of the entry zone, abandon this trade.
Personal judgment: For this low risk-reward opportunity, strict stop loss is the survival baseline; heavy position is not advisable.
View real-time market 👇 $SOMI
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