SOMI Achieved a 15254.27% Increase Over the Past Year Thanks to Robust Long-Term Results

As of September 20, 2025,

climbed 5.64% in the past day, reaching $1.2401—adding to a remarkable upward streak. Over the previous week, the asset’s value has skyrocketed by 872.23%, and over the past month and year, it has collectively surged by 15,254.27%. Such numbers underscore a persistent and vigorous rally that has drawn significant market interest.

The current rally seems to be underpinned by a positive technical setup. Crucial metrics like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) point to a strong and steady ascent. The RSI remains in the overbought range, suggesting ongoing bullish momentum, while the MACD continues to notch higher highs, providing further evidence of a sustained advance. Although these indicators point to continued strength, some analysts warn that these levels could precede a short-term pullback.

Recent trading activity reflects a pronounced breakout above earlier resistance points. The asset has moved beyond a prolonged consolidation phase, closing above significant psychological thresholds. This breakout has attracted more liquidity and boosted trading volume, especially among long-term holders aiming to benefit from further appreciation. The lack of negative divergence in major momentum indicators also implies that the prevailing uptrend remains solid.

Backtesting Rationale

The technical tools applied in this analysis have been incorporated into a backtesting model to assess their reliability in forecasting past price moves. This framework utilizes a blend of RSI and MACD signals to determine entry and exit points. A position is taken when the RSI rises above 50 and the MACD histogram turns positive; conversely, a sell or exit is executed when the RSI falls below 50 and the MACD histogram switches negative. The intent is to ride the initial burst of an uptrend and exit before potential overbought conditions trigger a reversal.