What can SOMI's chart tell us? From an ATH of $1.9 down to the current $0.24, this coin has fallen 9.8 times — the number is quite striking. However, based on the current price range, it seems that a consolidation pattern is forming.

Interestingly, during such pullbacks, some signs often emerge. If a rebound indeed occurs, these key levels should be watched: $0.45, $0.67, $0.93, $1.2, $1.4, $1.7, and finally the ATH.

The question is, will these levels be broken so quickly? From the chart structure, at least the current consolidation gives us some hope — but don’t get too optimistic. It still depends on whether the subsequent volume and buying strength can support the move. Anyway, with this clear resistance line in place, at least we know what needs to be broken through to go higher.