On the first day of listing on the Upbit exchange, the price of the crypto asset SOMI performed remarkably, rising nearly 50% at one point, reaching a high of $1.10. However, the market subsequently experienced a pullback, and SOMI's trading price is currently around $0.8.

From a technical perspective, the short-term trend of SOMI has certain uncertainties. The range of $0.95 to $1 constitutes an important resistance level, and breaking through this range may trigger a new round of pump. Meanwhile, a strong support level has formed around $0.70 to $0.72, and this range may present a good buying opportunity.

Currently, the price trend of SOMI shows a cooling and consolidation pattern. This pullback may provide investors with a better entry opportunity. However, market participants should remain cautious and closely monitor market trends and changes in the project's fundamentals.

Despite the possibility of continued fluctuations in the short term, many investors remain optimistic about the long-term prospects of SOMI. As the Crypto Assets market continues to evolve and mature, emerging tokens like SOMI may attract more attention and investment.

In any case, before making any investment decisions, investors should conduct thorough research and fully assess the risks. The high volatility of the Crypto Assets market means that returns and risks coexist, and a rational and cautious attitude is crucial.