Somnia price Could Rally Another 46% — Here’s Why

Somnia, an EVM-compatible Layer 1 blockchain, has quickly birthed one of the fastest-rising new tokens. At press time, Somnia (SOMI) trades near $1.59, after jumping almost 40% in the past 24 hours. Since its launch, the Somnia price has been up more than 250%. Still, it has pulled back about 14% from its all-time high of $1.84, set only a few hours ago.

On the surface, this looks like a token cooling off. But repeating chart patterns and technical signals suggest that the price pullback could just be a pause before the next rally begins.

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Chart Fractals Hint at Another Rally, With Bulls In Control

One of the clearest clues for the Somnia price comes from repeating momentum signals. The Relative Strength Index (RSI) is a tool that measures the strength of price moves on a scale of 0 to 100. Lower numbers suggest weakness, while higher numbers show strength.

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On Somnia’s 1-hour chart, the same setup that appeared before its last big rally has surfaced again. Back when the token traded near $1.10, the price made a higher low while the RSI dipped to a lower low. This mismatch, called a divergence, showed sellers were fading. What followed was a surge from $1.10 to $1.84 — nearly 70% gains.

That same signal has now returned. The Somnia price has held a higher low, while the RSI has continued to slide lower. This often suggests hidden strength, with buyers quietly taking over.

Supporting this case, the bull-bear power indicator — which compares buyer pressure against seller pressure — is still positive. Even with the recent pullback, buyers are stronger than sellers, giving weight to another possible breakout.

Somnia Price Levels And Inflows Line Up For A Breakout

Because Somnia is a new token, it has little trading history. That’s why traders use Fibonacci extensions of earlier moves to project possible targets. Here’s how the setup looks now:

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• The first hurdle is $1.62, just above the current $1.59 level.
• If cleared, the next test is $1.86, close to the last high. That would again put SOMI in the price discovery category.
• Beyond that, projections point to $2.12 and then $2.31.

A move from $1.59 to $2.32 would be a rally of almost 46%.

Steady inflows highlighted on the 1-hour chart confirm this price map. The Chaikin Money Flow (CMF) tracks whether money is entering or leaving a token. As long as CMF stays above zero, it shows that money is flowing in. Even during the correction from $1.84 to $1.59, the CMF continued to move higher. That means large wallets continued to buy during the dip, keeping demand alive.

However, a dip under $1.41 would invalidate this short-term bullish hypothesis. If that happens, the SOMI price could even correct to $1.08 in the absence of strong technical support levels.

When both price levels and inflows point in the same direction, it often means a pullback is not weakness but a reset; a catapult-like setup for the next rally.