SOMI +14961.35% Year-to-Date Despite Significant Intraday Drop

On September 13, 2025, SOMI experienced an abrupt plunge of 1014.86% within a single day, settling at $1.2393. Despite this steep drop, the asset managed an impressive recovery in the weeks leading up to the event. Over the past week, SOMI’s value soared by 682.51%, and in the last month, it skyrocketed by 14,961.35%. The yearly trend echoed this monthly surge, with a year-to-date increase of 14,961.35%. These figures underscore SOMI’s highly volatile character, with large short-term swings that have not diminished its strong long-term growth trajectory.

The sharp fall on September 13, 2025, seems to be more of a corrective move or a brief reversal, rather than the beginning of a prolonged bearish phase. This pronounced volatility was seen by many traders and market watchers as a chance to enter risk-managed trades, especially in light of the substantial weekly and monthly gains. Analysts believe that the fundamental factors supporting SOMI—such as user adoption, enhancements in utility, and increased network usage—remain strong despite recent turbulence. The price action may have been influenced by profit-taking, automated trading strategies, or short-lived changes in liquidity.

From a technical perspective, recent price movements have activated several important signals. The Relative Strength Index (RSI) dropped into oversold levels after the sharp decline, a condition often associated with impending recoveries. Likewise, the Moving Average Convergence Divergence (MACD) indicator exhibits a narrowing histogram and hints at a possible crossover, which could indicate a momentum shift. Together with the broader price trend, these signals suggest that while volatility persists, there is an increased likelihood of a short-term recovery.

Backtest Hypothesis

An example trading

could be developed using the RSI and MACD indicators mentioned previously. This hypothesis proposes entering a long position when the RSI dips under 30 and the MACD line moves above the signal line. A stop-loss would be set just below the latest support, while take-profit could be placed at the last resistance or determined by a Fibonacci extension. This strategy relies on SOMI’s volatility and its tendency to rebound after oversold signals. The backtest would analyze how profitable this approach is over numerous cycles, taking into account the substantial daily price swings observed in SOMI.