Buy or Sell at These Prices?
$SOMI on @Somnia_Network is trading around $0.4007, down 0.5% in the last 24H, with $28M volume.
On pure technicals, SOMI is flashing more red than green right now:
This is what @EdgenTech has to say... and my opinion below 👇🧵 (1/3)
to be full transparent, I have a resonable bag of $SOMI
but this is what the techical analysis says:
Bearish EMA Structure
EMA30 < EMA60 ✅→ Full bearish EMA stack = trend is still down.
RSI: 46.62 (Neutral)
Not oversold → no bargain signal
Not overbought → no hype momentum.
MACD: Slight Bullish (+)
MACD is technically above 0, but very weak, not enough to flip the trend.
Stoch RSI: Neutral (31.65)
Momentum is weak but not washed out. (2/3)
The @EdgenTech predictive model shows a wildly wide range on @Somnia_Network token:
Low: $0.08
Average: $1.20
High: $12.02
Current: ~$0.40
This range shows massive uncertainty, which is typical for early L1s, in my opinion, nothing is certain, a whale could come in and push it hype up BUT, the team is doing more now
→ Challenging sentiment on games but no super fun things pre-TGE around, that I see, it was fun when memecoins were heavily supported by the CEO of @Somnia_Network and @Improbableio, now its all games.. but who is actually playing it?? (don't see it on my feed, but that said, could be more closed off bubbles that I am not involved in)
to me, i will continue to support the ecosystem..
(3/3)
2,816
58
本页面内容由第三方提供。除非另有说明，欧易不是所引用文章的作者，也不对此类材料主张任何版权。该内容仅供参考，并不代表欧易观点，不作为任何形式的认可，也不应被视为投资建议或购买或出售数字资产的招揽。在使用生成式人工智能提供摘要或其他信息的情况下，此类人工智能生成的内容可能不准确或不一致。请阅读链接文章，了解更多详情和信息。欧易不对第三方网站上的内容负责。包含稳定币、NFTs 等在内的数字资产涉及较高程度的风险，其价值可能会产生较大波动。请根据自身财务状况，仔细考虑交易或持有数字资产是否适合您。