SafeMoon Faces Risk of a 55% Correction After Solana Migration | Airdrop Alert Pro

Safemoon (SFM) has soared nearly 60% over the past two days, migrating from BNB to the past week in the past week in the past week Solana. The rapid price increase has pushed key indicators into bullish territory, ADX confirmed strong trend momentum, and the EMA line forms a golden cross.

But despite the brief transition to positive, BBTREND is still in a negative state, indicating that sales pressure remains. If the uptrend cannot be held, SFM may face sharp corrections, potentially losing 55% from its recent highs.

Safemoon ADX displays strong upward trend

Safemoon’s average direction index (ADX) is currently 31.5, up significantly from 17.7 a day ago. This dramatic increase shows that the trend intensity has increased significantly The moment when the meme coins are in trouble.

Since ADX is now above the critical 25 threshold, it indicates that Safemoon is transitioning from a weak trend to a stronger stage.

Given that SFM is trying to establish an uptrend, the rise in ADX indicates growth momentum if Purchasing pressure continues to build.

ADX or Average direction indexis a technical indicator that can measure the intensity of a trend without determining its direction.

Typically, values ​​above 25 indicate strong trends, while readings below 20 indicate weak or indecisive market conditions. With SFM’s ADX now at 31.5, it confirms that momentum is increasing, supporting the situation of continuous movement. However, although ADX shows trend strength, direction will depend on whether buying pressure remains dominant.

If bullish sentiment continues, SFM can consolidate its upward trendhowever, if sales pressure returns, price action may become more volatile despite the rise in ADX.

SFM BBTrend briefly hits positive levels, but negative

SFM Bollinger band Trend (BBTREND) briefly hit a positive value of 4.88 yesterday and is currently -6.54. However, this bullish move is short-lived, with SFM’s BBTREND in a negative territory since February 26.

The trend reached its lowest point of -58.3 on March 2, when it indicated extreme bearish momentum.

While the current level has improved significantly from the recent low level, the fact is SFM cannot maintain positive BBTREND believes that despite the current price increase, sales pressure remains a major force in the market.

BBTREND or Bollinger Band Tran is a technical indicator used to evaluate the price and direction of a Bollinger-based band. Positive values ​​indicate that the price is trading on the upper part of the band, which shows bullish momentum.

In contrast, negative values ​​indicate that the price is in the lower frequency band, reflecting a bearish trend. As SFM BBTREND is now -6.54, this suggests that while extreme bearish conditions have eased from March 2, the assets are still in a negative phase.

If BBTREND returns to positive territory and remains stable, it may indicate a stronger recovery, but if it continues to trend downward, it will confirm that SFM is still under sales pressure.

Safemoon can be corrected 55% soon

The Safemoon Ema line is currently forming a golden cross, which is a bullish signal, usually before the upward momentum. A golden cross occurs when the shorter EMA exceeds the long-term EMA, which indicates a shift to bullish market conditions.

Safemoon is trending After the nearest Migrate from BNB to Solana. If this trend holds true, SFM may rise to test the $0.000128 resistance. A successful breakthrough above this level can push the price further to $0.000134.

This formation suggests that bullish momentum is building and that if buyers are under pressure, it is possible to lay the foundation for a stronger recovery.

However, as BBTrend shows, the uptrend remains vulnerable and can be quickly reversed to a strong correction.

If the bullish momentum gradually fades and sales pressure increases, SFM may fall Test support for $0.0000659.

The breakdown of this level may accelerate the decline, pushing the price to $0.000038.