The chart is mixed right now, so patience is justified unless a better entry appears.
In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.
Sommelier support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00 - $0.0₆2570 | |
| Resistance 1 | $0.0009060 - $0.002374 | |
| Resistance 2 | $0.01936 - $0.02203 | |
| Resistance 3 | $0.02533 - $0.02680 | |
| Active 1 | $0.00 - $0.0007443 |
SOMM clears the resistance zone at $0.0009060 - $0.002374 and holds above it. That would strengthen the breakout case and shift attention to $0.01936 - $0.02203.
SOMM loses the support zone at $0.00 - $0.0₆2570. That would weaken the setup and open the way toward $0.00 - $0.0₆2570.
SOMM continues trading between $0.0₆2570 and $0.0009060. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₆4366 | Bearish | SOMM is trading below the 50-day average. |
| SMA200 | $0.0₆4339 | Bearish | SOMM remains below the long-term trend line. |
| EMA50 | $0.0₆3910 | Bearish | SOMM is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0001684 | Bearish | SOMM is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 0.9436 | Oversold | RSI (14) is depressed at 0.9436, which suggests downside momentum may be getting exhausted. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | -5.474e-8 | Bullish | MACD is above its signal line. |
| ATR | 0.00% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₆2835 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -37.04 | Neutral | CCI (20) is at -37.04, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-1.321e-7 | Bearish | Awesome Oscillator is below zero at $-1.321e-7, which supports bearish momentum. |
| Williams Percent Range (14) | 0.00 | Overbought | Williams Percent Range (14) is near the top of its recent range at 0.00. |
| Bull Bear Power (13) | $-1.549e-8 | Bearish | Bull Bear Power (13) is negative at $-1.549e-8, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 0.00 | Oversold | Ultimate Oscillator is weak at 0.00, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₆2570 | Bullish | SOMM is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₆4018 | Bearish | SOMM is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Sommelier price was most positively correlated with the price of Immutable X (IMX), Decred (DCR), Sui Crypto (SUI), Filecoin (FIL) and Sun Token (SUN) and most negatively correlated with the price of Venice Token (VVV), Polygon Ecosystem Token (POL), Sky (SKY), Compound (COMP) and Solana (SOL).
| Name | Correlation |
|---|---|
| Immutable X | 0.920 |
| Decred | 0.883 |
| Sui Crypto | 0.875 |
| Filecoin | 0.865 |
| Sun Token | 0.850 |
| Name | Correlation |
|---|---|
| Venice Token | -0.906 |
| Polygon Ecosystem Token | -0.834 |
| Sky | -0.811 |
| Compound | -0.763 |
| Solana | -0.750 |
Sommelier price is positively correlated with the top 10 coins by market cap with a price of 0.227, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.154. Currencies that are positively correlated with Sommelier indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Sommelier, a move in one direction for Sommelier would translate into a move in the opposite direction for the negatively correlated coin.
