$SAFE is getting ready to take a rebound long.

The market is extremely oversold right now, and this level could trigger a sharp oversold rebound at any time. It’s basically catching a falling knife, but with a very tight stop-loss, it might be worth a try. For the entry, watch the 0.07995 to 0.082 area; up next is 0.085. If everything goes smoothly, it could potentially move to 0.088. Put the defense level at 0.077.

However, be sure to note that the bigger macro trend remains bearish. If the 0.0816 support can’t hold, then this bullish thesis is immediately invalid. Don’t ever go all-in—manage your position size according to your account, and mind the risks! You can also take the opportunity to look at the long opportunities for $SNDK and $MU .