From TradingView · · 30s
SOMI/USDT Pressing Resistance
SOMI/USDT price tests symmetrical triangle resistance on 4H chart.
In brief
SOMI/USDT price tests symmetrical triangle resistance on 4H chart. SOMI/USDT price is pressing against $0.211, $0.213 resistance on 4H chart. Originally reported by TradingView.
SOMI/USDT price
SOMI/USDT is consolidating inside a symmetrical triangle on the 4H chart.
Pressing resistance
Price is currently around $0.211, pressing against the upper trendline near $0.211, $0.213.
Breakout potential
A confirmed 4H breakout and hold above this area could validate the bullish setup and open the way toward the $0.248, $0.249 target area.
At a glance
SOMI/USDT price is pressing against $0.211, $0.213 resistance on 4H chart.
