Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
📉 SOMIUSDT | Short scenario on the table
Price is struggling around the 0.29 – 0.30 range after a strong rise.
There are attempts to go higher, but no continuation.
This tells us: momentum is weakening, the market is at a decision point.
🔍 Technical side:
No persistence above 0.30
RSI has dropped below 50
Price is moving sideways–downward trend
This setup keeps the controlled short scenario on the table.
📌 Important levels
Close above 0.300 – 0.305 → Scenario invalidates
Below 0.285 → Movement may accelerate
0.26 – 0.24 range → Main support / profit zones
⚠️ It’s especially important to say:
The market is currently tight.
In such situations, “one move” is not enough; position management must be done piece by piece.
Being right is not enough; without risk management, the market won’t forgive.
🧠 My approach:
I look at the scenario, I look at the levels.
I don’t make definitive statements before a close.
📎 This is not investment advice.
What is shared here is a personal technical perspective.
Everyone should manage their own risk.
💬 Do you think the price will surpass 0.30, or will this squeeze resolve downward?
#SOMIUSDT
#Crypto
#CryptoAnalysis
#TechnicalAnalysis
#Altcoins