SOMI +13480.47% Year-to-Date Amid Strong Bullish Momentum

On SEP 15 2025, SOMI dropped by 690.38% within 24 hours to reach $1.1631, SOMI rose by 1918.43% within 7 days, rose by 13480.47% within 1 month, and rose by 13480.47% within 1 year.

SOMI’s price trajectory in the last year has been marked by extreme volatility and a strong bullish trend, despite the recent 24-hour drop. Over the past 30 days alone, the asset has surged by 13,480.47%, indicating a powerful recovery phase and continued interest from market participants. The 7-day performance also reflects sustained buying pressure, with a 1,918.43% increase reinforcing the momentum that has driven the 12-month rally.

The one-year performance of 13,480.47% underscores a dramatic turnaround in investor sentiment. This rise follows a period of significant market activity and strategic positioning, with traders and investors showing a high tolerance for risk. The recent correction may represent a short-term overreaction or a natural pullback after an extended rally. However, given the magnitude of the upward trend over the last year, it is clear that SOMI has transitioned from a speculative asset to a more established market mover.

Technical indicators suggest that the recent drop may present a buying opportunity for long-term holders and a test of key support levels. While price behavior remains highly variable, the broader trend continues to favor bulls, with the one-year return reinforcing the narrative of a maturing asset class.

Backtest Hypothesis

To evaluate the reliability of the observed bullish trend, a backtesting strategy was employed that focused on capturing long positions during strong momentum phases and exiting during corrections. The strategy uses a combination of moving averages and RSI levels to confirm entry and exit points, leveraging the same technical framework used to analyze SOMI’s recent performance.

The hypothesis tested was whether entering long positions during periods of significant price acceleration—such as the 1918.43% rise in seven days—would yield consistent returns, even when accounting for sharp corrections like the 690.38% drop within 24 hours. The backtest applied stop-loss and take-profit levels based on historical volatility and key Fibonacci retracement levels to manage risk during sharp downward swings.