Somnia price prediction – Should traders await a breakout after THIS consolidation pattern?

The 4-hour timeframe revealed a bullish market structure. Somnia swing traders and investors can look to buy the token above the $1 psychological resistance, with a fair value support also highlighted in the $1.1 area.

Somnia [SOMI], at the time of writing, was up 3.75% in 24 hours, with its daily trading volume having declined by nearly 10%. This, on the back of a triangle pattern formation over the last few days. Can the bulls keep the uptrend going, or will the altcoin see another dip to $1?