SOMI Surges 7308.79% Over the Past Year Despite Recent Short-Term Volatility

As of SEP 25 2025,

experienced a dramatic 631.74% decrease in just 24 hours, falling to $0.8535. Over the past week, SOMI declined by 3137.35%, but surged by 7308.79% over the last month and maintained the same gain over the past year.

This sudden and steep drop in the short term has unsettled investors, even though the yearly performance remains robust. The rapid correction is largely attributed to speculative positions being unwound after a swift price rally in the previous month. Experts believe that the recent volatility is more a reflection of changing market sentiment and liquidity shifts than any fundamental change in the asset itself.

Technical analysis for SOMI presents a complex picture. The asset’s long-term outlook is still positive, but short-term indicators are showing both overbought and oversold signals, highlighting increased volatility. This inconsistency between short- and long-term signals has led traders to reevaluate their strategies. Some have chosen to lock in profits, while others continue to hold a bullish outlook based on SOMI’s historical price movement.

Backtest Hypothesis

An effective backtesting method could involve taking advantage of SOMI’s volatility by using a mean-reversion strategy that targets overbought and oversold scenarios. This would mean buying when technical signals indicate oversold conditions and selling as the price recovers. Conversely, shorting would occur when the asset appears overbought, with positions closed at the first signs of a reversal. This strategy seeks to benefit from the asset’s volatility while keeping risk in check.