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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 is approaching the overbought zone, indicating strong rising momentum. For investors optimistic about the SOMI outlook, it may be wise to set a buy point around 1.6, with a target price range of 1.8 to 2.0. However, investors need to remain vigilant and reserve some funds for potential pullbacks to increase their holdings at the right time.
For cautious traders, shorting around 1.6 can also be considered, with support levels to watch in the 1.42 and 1.28 areas.
Regardless of the strategy adopted, it is essential to closely monitor market trends and manage risks wisely. The current trend of SOMI is worth continuous attention, and investors should make informed decisions based on their own risk tolerance and investment goals.