SOMI Experiences 24H Decline of 328.63% During Unstable Market Adjustment

On SEP 25 2025,

plummeted by 433.63% over a 24-hour period, falling to $0.8545. Over the past week, SOMI declined by 2620.14%, but surged by 7681.04% in the last month and maintained the same increase over the past year.

Market participants and analysts are closely watching SOMI’s steep single-day drop, which erased more than 430% of its value. This sharp fall extended a week-long downward trend, during which the token lost nearly 2600% across seven sessions. Despite this recent volatility, SOMI’s one-month and one-year charts reveal a remarkable 7681.04% rebound, highlighting the asset’s pronounced long-term price swings.

Technical analysis indicates that SOMI’s latest movements have challenged several key historical support and resistance points. The RSI, which had previously indicated the asset was overbought, now sits in overbought territory, pointing to a possible slowdown in the current bearish trend. Meanwhile, the MACD continues to move downward, suggesting that bearish momentum could persist in the short term.

Backtest Hypothesis

The suggested backtesting method relies on both the RSI and MACD as confirmation tools for trade entries and exits. The core idea is that when the RSI drops below 30 (signaling an overbought state) and the MACD line crosses above its signal line, a long trade is opened. Conversely, if the RSI climbs above 70 and the MACD line crosses beneath the signal line, the position is closed. This dual-indicator strategy is intended to minimize false signals and limit exposure to erratic market moves.

This approach would be evaluated over the latest 30-day window, encompassing both the sharp selloff and the subsequent rally. By applying the method to historical price action, analysts can gauge its potential for profit and its effectiveness in managing risk during periods of heightened volatility. The initial setup would use a 10% stop-loss and a 20% take-profit, with trade sizes adjusted according to volatility measures.

This strategy is crafted to match the technical trends observed, where the RSI has signaled possible overbought fatigue and the MACD has offered directional cues. If proven effective, this approach could provide a structured way to navigate the dramatic price swings that have recently defined SOMI’s market activity.