prince trader24
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what going on #Somnia
Somnia has shown strong bullish momentum on the 4H chart, forming consecutive continuation patterns before reaching the current consolidation zone. Price is now holding above the EMA, suggesting buyers still have control, but a correction into support is possible.
Key support levels:
1.01–1.19 (1st demand zone, near EMA)
0.75–0.85 (2nd major support)
0.50–0.60 (deeper retracement)
Potential upside targets if bullish momentum resumes:
2.77 as the first resistance zone
4.30, 7.23, and 10.12 as extended targets on continuation
A break below 1.01 could signal a deeper pullback, while holding above this zone may fuel another impulsive move. Volume spikes support strong interest, but traders should be cautious of volatility.
Disclaimer: This is not financial advice; do your own research.
Somnia has shown strong bullish momentum on the 4H chart, forming consecutive continuation patterns before reaching the current consolidation zone. Price is now holding above the EMA, suggesting buyers still have control, but a correction into support is possible.
Key support levels:
1.01–1.19 (1st demand zone, near EMA)
0.75–0.85 (2nd major support)
0.50–0.60 (deeper retracement)
Potential upside targets if bullish momentum resumes:
2.77 as the first resistance zone
4.30, 7.23, and 10.12 as extended targets on continuation
A break below 1.01 could signal a deeper pullback, while holding above this zone may fuel another impulsive move. Volume spikes support strong interest, but traders should be cautious of volatility.
Disclaimer: This is not financial advice; do your own research.
short position at 9.10 of wildcoin
fall should be
fall should be
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