SAFEMOON Good News For SAFEMOON HODLERS! (YOU MUST WATCH THIS!)

  • 3 years ago
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SafeMoon price anticipate equal highs
SafeMoon price has been consolidating since May 26, setting up three lower highs and multiple lower lows. Connecting these swing points using trend lines results in the formation of a descending parallel channel.

SAFEMOON price broke out of this technical setup on August 25 as it rose 38% to tag the resistance level at $0.00000316, but an increased sell-off pushed it lower.

The crash has brought SafeMoon price back to the support barrier at $0.00000212 and is likely to retest it before heading higher.

Investors can expect a resurgence of buying pressure around the said demand level, triggering a 50% upswing to $0.00000316.

In some cases, SAFEMOON price might even tag the subsequent resistance level at $0.00000346.

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