SRM

This looks like it's finally the bottom. Would be nuts to see this thing get back to a macro .618 retrace

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Short-term bearish, but I'm looking for a breakout in a month or two (hopefully less than a month). Still keeping an eye on SRM, but as of 12/1 .... 3-day candles show an advanced block pattern. I bought SRM @ 3 cents and sold for 4 - swapped it out for MOONS . That coin actually has potential to have a 200% or 300% day. Isn't that what we signed up for ?

Even though there is a Wedge formation on the chart, the targets are drawn according to Fibonacci. Our formation condition is 1.66. Let's look at the closures above.

It is empty inside because it was removed from the Sol ecosystem and delisted from Binance. If there is a little news from Alameda, it will quickly reach around 2-3 dollars. Moreover, I believe that even if there is no good news, it will reach 0.30. Worth to try

SRMUSDT it has good activity to give us a good pump by smart money! DYOR t.me/alucardscrypto

Introduction:In the volatile world of cryptocurrency trading, Serum (SRM) has caught the attention of many traders, particularly with its recent price movements and market conditions. With a current market capitalization of approximately $22 million, the token presents an intriguing opportunity for investors. This analysis aims to provide insights into the potential trajectory of Serum, suggesting a target price of $0.60. However, it is crucial for investors to conduct their own research (DYOR) before making any investment decisions.Technical Analysis:Serum's price action suggests a promising setup for a potential rally towards $0.60. The first significant milestone in this journey is claiming $0.165 as a target price. This level aligns with the 0.786 Fibonacci retracement on the daily chart, indicating a strong support level. Once $0.165 is established as support, it could serve as a springboard for the price to catapult towards the $0.60 mark.Market Conditions:It's essential to consider the broader market conditions when analyzing Serum's potential trajectory. In the current market environment, characterized by volatility and uncertainty, Serum's relatively low market capitalization makes it susceptible to significant price movements. However, it also presents an opportunity for traders seeking higher returns.Risks and Considerations:While the analysis suggests a path towards $0.60 for Serum, it's crucial to acknowledge the inherent risks involved in cryptocurrency trading. Market sentiment can shift rapidly, leading to unexpected price fluctuations. Additionally, external factors such as regulatory changes or macroeconomic events can influence the price of Serum and other cryptocurrencies. Therefore, investors should approach trading with caution and always conduct thorough research before making investment decisions.Conclusion:In conclusion, Serum (SRM) presents an intriguing opportunity for traders, with the potential to reach $0.60 in the current market conditions. The analysis highlights the importance of establishing $0.165 as a support level, which could pave the way for further upside momentum. However, investors should remain vigilant and conduct their own research before investing in Serum or any other cryptocurrency. As always, prudent risk management and due diligence are essential in navigating the dynamic landscape of cryptocurrency trading.

This is my idea of SRM going to 60 cents. With current mcap of ~22M it's very likely in these market conditions. Always DYOR before investing.

SMR USDT It locks like that it braked the dynamic resistance, and could get us a good profit! You buy it on the pullback or here!

SRM is showing a great amount of accumulation and if this level holds then we should see significantly higher prices. Whoever is buying this should look to accumulate at this level for the next few days/weeks, when resolution comes and the accumulation period is finished then this asset could really explode. Having said that, it is a previous FTX token that has always been a loser and only really seen downside. The technical aspects are all there and thats why we have taken this trade in the community, however, knowing that it is high risk. We will update over the next few days.Comment: The backtest of the level was enough for the bids to come in. We are positioned incredibly well!!Comment: Above 5c we remain bullish and look to accumulate moreComment: Holding the latest demand level very well. Accumulating.Comment: Still holding this until we make a lower low and hold at the current level