$SAFE has recently experienced a significant abnormality in trading volume, with 30-minute trading volume skyrocketing by 471.6%. The current price stands at 0.1732 USDT. Such rapid expansion in trading volume often signals the prelude to a market rally, making it worth close attention.
From a technical perspective, 0.1713 is a key support level, with only 2.06% space from the current price. More specifically, the range from 0.1708 to 0.1713 forms an important support zone. Once the price approaches this area, it could serve as a good entry point for long positions.
Trading strategy-wise, you can place buy orders around 0.1713 and set the take-profit target at the resistance level of 0.1777. The increase in volume combined with this support structure makes the subsequent trend worth monitoring.
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$SAFE has recently experienced a significant abnormality in trading volume, with 30-minute trading volume skyrocketing by 471.6%. The current price stands at 0.1732 USDT. Such rapid expansion in trading volume often signals the prelude to a market rally, making it worth close attention.
From a technical perspective, 0.1713 is a key support level, with only 2.06% space from the current price. More specifically, the range from 0.1708 to 0.1713 forms an important support zone. Once the price approaches this area, it could serve as a good entry point for long positions.
Trading strategy-wise, you can place buy orders around 0.1713 and set the take-profit target at the resistance level of 0.1777. The increase in volume combined with this support structure makes the subsequent trend worth monitoring.