SOMI +631.5% in 24 Hours on Explosive Short-Term Gains

On SEP 15 2025, SOMI surged by 631.5% within 24 hours to reach $1.2945, marking an extraordinary jump in price. Over the past seven days, the token recorded a staggering 3,610.74% increase, while its monthly return reached 16,814.48%. Year-to-date, the rise has matched the monthly performance at 16,814.48%. The rapid price action has drawn attention to the token’s liquidity and underlying catalysts.

The surge is attributed to a combination of factors including a significant liquidity event and renewed market interest in the project's utility layer. Although the long-term sustainability of the rally remains untested, the immediate drivers appear to be rooted in structural liquidity inflows and a shift in institutional positioning. No formal earnings or product launches were disclosed as catalysts, but the price movement suggests strong demand-side momentum.

SOMI’s sharp rise has prompted renewed interest in its technical profile. Traders and analysts are closely watching key resistance levels at $1.30 and $1.40, with the RSI currently indicating overbought conditions. The 50-day and 200-day moving averages are both well below the current price, highlighting the strength of the recent rally. These indicators suggest that while the near-term trend remains bullish, caution is warranted as overbought readings can often precede corrections.

The token’s exponential growth has led to increased scrutiny of its technical foundations. The MACD and stochastic oscillator both show bullish divergence, with the MACD line crossing above the signal line and the oscillator showing a strong upward trajectory. However, given the extreme percentage gains, a short-term pullback to test the $1.25–$1.28 range may be likely. Such a retrace would be consistent with historical behavior of tokens experiencing rapid price appreciation.

Backtest Hypothesis

A proposed backtest strategy is currently under development to evaluate the mechanics of SOMI’s recent performance. The hypothesis centers on the effectiveness of a breakout strategy triggered by the price surpassing the 50-day moving average with a defined stop-loss below the 20-day moving average. The strategy would also incorporate RSI as a filter to avoid entering positions when the indicator is in overbought territory. This approach aims to capture the initial leg of the rally while mitigating risk from potential pullbacks. The performance of this strategy will be tested using a rolling window of historical data to assess its consistency and robustness.