#SOMI 🧠 Technical Analysis (15m Timeframe)
📈 Price Action
The price surged from around $0.64 to a high of $1.1566, showing extreme bullish momentum (+52%).
Currently consolidating around $1.0599, just below the short-term resistance at $1.08 - $1.10.
This suggests a potential bullish flag or pennant forming—often a continuation pattern in strong uptrends.
🔁 Moving Averages
MA5 (yellow): 1.0604
MA10 (green): 1.0473
MA30 (orange): 1.0558
The MA5 and MA10 are above MA30, indicating short-term bullish momentum. Price is hovering just above all three MAs—supportive of continued upside if it hol