SOMI +15305.13% in 1 Year Amid Surging Momentum

On SEP 14 2025, SOMI dropped by 882.33% within 24 hours to reach $1.2267, SOMI rose by 829.63% within 7 days, rose by 15305.13% within 1 month, and rose by 15305.13% within 1 year.

SOMI has experienced a dramatic correction followed by a powerful reversal over the past 30 days. After a sharp 24-hour decline of 882.33%, the asset rebounded with extraordinary velocity. In just one week, the price surged by 829.63%, signaling a potential shift from bearish momentum to bullish recovery. This rapid rebound has raised investor attention, particularly in light of the 15305.13% increase recorded over the past year. The recent movements suggest a strong reversal pattern emerging in the charts.

The price surge over the past month has been largely attributed to improved sentiment and potential catalysts within the broader ecosystem. While the cause of the short-term 24-hour drop remains unclear, the subsequent rebound indicates robust market resilience. Analysts have not provided specific forecasts but note that the rapid recovery could signal increased buyer confidence and the formation of a new support level. The 7-day gain has brought the price significantly above prior highs, reinforcing the strength of the upward momentum.

A key focus for traders and technical analysts has been the formation of a potential multi-week bullish trend, with price action displaying strong volume confirmation on the weekly rebound. This has led to renewed interest in the asset, with market participants closely watching for signs of consolidation or continuation. The 15305.13% gain over the past year suggests a long-term structural shift, potentially driven by broader macroeconomic factors or ecosystem developments.

Backtest Hypothesis

Given the recent price action, a backtesting strategy has been proposed to validate the strength of the bullish momentum. The strategy is based on identifying key entry points following a sharp correction and measuring the subsequent momentum. The hypothesis assumes that after a correction of more than 800%, a measured rebound of 800% or greater over a week is a strong signal for further upward movement. This strategy would involve setting a stop-loss just below the 24-hour low and a target based on the 1-month and 1-year price trajectory. It relies on the assumption that the asset’s fundamentals remain intact and that the recent momentum is not an isolated event but part of a larger trend.