$SRM setup with 42%
SRM / TetherUS BINANCE:SRMUSDT
Situation with $SRM isn’t very good, right? 181 days of downtrend and -86% from all time high. But may be it’s moment for some little bounce? We can see buy clusters on all time frames, cumulative delta is positive. Price now close to 50MA and 100MA. They are looking for flat, not downtrend anymore. Bull divergence on RSI show high possibility of bounce. At first we can see 16% bounce to MA, in case of market uptrend, it will go 42% to first resistance zone near $2.66-2.75.
