$SAFE Bottom Confirmed | Long on Institutional Demand
Entry: Market Price
Logic: Support hold at the 23.6% Fib level + Institutional adoption.
Stop Loss: Below yesterday's local bottom (~$0.14)
Target 1: $0.21 (Psychological Resistance)
Target 2: $0.25 (2025 Cycle High)
Sentiment: Bullish Continuation 🚀
$SAFE has successfully completed its "Liquidity Sweep" after the explosive 30% rally on January 18th. Yesterday’s 15% sharp correction was a textbook "shakeout" of weak hands, driven by broader market volatility rather than token weakness. The price has found its floor, and the 1-hour chart is now printing a series of higher lows.
With the Ethena Labs gas-free integration now live and driving sUSDe holdings in Safe accounts up by 65%, the fundamental floor is rock-solid. We are positioning for a daily breakout toward the $0.25 level.
