SafeMoon’s 190% Rally Cools as Momentum Fades | Airdrop Alert Pro

Safemoon (SFM) has gone through extremes volatility In recent weeks, a major shift towards community-driven models and gradual airdrops have been driven. This transition helped SFM surge by nearly 350% in one month, but technical indicators now indicate that momentum may be disappearing.

ADX readings indicate that the trend intensity has weakened, and RSI Has declined from nearly experienced levels, indicating cooling demand. Whether Safemoon can maintain its uptrend or faces a deeper backtrack will depend on whether the return on buying pressure or market enthusiasm begins to weaken.

Safemoon ADX shows upward trend may be relaxing

Safemoon’s ADX is currently 20.5, after reaching 40 years old from February 11 to February 14.

This decline in ADX suggests that despite Safemoon’s strong trend dynamics in the last few days after gradual airdrops, the intensity has diminished since then.

ADX (Average Direction Index) It is not an indication of the direction of the trend, but a measure of the intensity of the sustained trend. A fall in an upward trend can indicate Safemoon buying momentum It is important to slow down and keep aware of whether this trend can sustain itself or risk losing steam.

ADX values ​​help determine whether the trend is strong or weak, and 25 is usually used as the threshold – reading trends above this level indicates a strong trend, while the reading below indicates a weak or consolidated momentum.

With Safemoon’s ADX now at 20.5, it has dropped below this key threshold, meaning that the strength of this trend has disappeared despite SFM still on an uptrend.

If ADX continues to decline, it may indicate that Safemoon’s rally exhausts momentum, increases the chance of lateral movement or potential backtracking.

However, if ADX rebounds more than 25, it will confirm that buyers are recovering, enhancing the continuation of Safemoon’s uptrend.

Despite the recent surge, SFM RSI remains neutral

Safeon RSI Currently at 41 years old, down from 67.9 four days ago. This decline suggests that after a brief period of strength, the buying momentum has been greatly reduced.

Four days ago, the surge in RSI coincided with Safemoon’s announcement that it will launch Solana Meme CoinsAs part of the transition to a community-driven approach.

This triggered increased buying pressure, pushing RSI to overbuy levels, but the recent decline suggests that the initial excitement has disappeared, causing a slowdown in demand.

RSI or Relative Strength Indexa measurement on the 0 to 100 scale, where values ​​are higher than 70 signals with excessive conditions and correction potential, while correction possibilities below 30 indicate oversell levels and rebound potential.

Safemoon’s RSI at 41 shows that although the asset has lost its recent bullish momentum, it has not yet been on the deep-selling territory. If the RSI continues to 30, it may indicate that sales pressure is increasing, which may lead to further price declines.

However, if it stabilizes and moves backwards by 50, it is recommended New interest in SFMit is possible to allow another to push upward.

Safemoon remains very volatile

No one knows SEC and DOJ accused their executives a few years ago.

However, recently Progressive airdrop The transfer to a community-driven approach appears to have had a positive impact on the coins, boosting 153% growth between February 11 and February 15.

If this Bullish momentum Continuing, Safemoon may soon test $0.00013, and if demand remains strong, it is possible to climb to $0.00015 or even $0.00020.

However, if the market’s attention cools down and enthusiasm fades away, SFM may enter a downward trend, resulting in a possible 0.000037 compensation, which marks a significant correction to the current level.