Saros makes a strong breakthrough at 0.36! Whale movements + dual signals from technical analysis, where's the next target?!!!
Brothers, I am Mr. Jin! Saros has just made a strong breakthrough, currently priced at $0.3609, soaring 8.3% in 24 hours! This is not just a price breakthrough, but also a result of the resonance between technical and on-chain signals.
From real-time data, three key indicators are worth noting:
Market Cap/FDV Ratio: Current market cap is 947 million, FDV is 3.6 billion, with a ratio of only 0.26, indicating that most tokens are not yet in circulation, and selling pressure is minimal.
Volume-Price Relationship: 8.52 million trading volume with price breakthrough, indicating healthy volume increase.
TVL Support: Total locked value is $4.38 million, providing solid fundamental support for the protocol.
Technical analysis shows a key breakthrough:
From the 1-hour candlestick chart, it can be clearly seen:
Support Level: 0.333 daily low and 0.335
Resistance Level: 0.3637 today's high and 0.38 historical psychological barrier
Trading Volume: Trading volume expanded moderately during the rally, without sudden spikes, indicating orderly capital inflow.
Mr. Jin's technical judgment: Saros has broken through the upper trend line of the triangular convergence pattern, and the short-term trend has turned bullish. If it stabilizes above 0.36, the next target will be in the $0.40-0.42 range. However, note that the RSI indicator is currently around 65, not yet overbought, indicating there is still room for growth.
Mr. Jin's exclusive advice:
Holders should continue to hold, with stop-loss set below 0.33.
New entrants can accumulate in batches: first entry at 0.355, additional at 0.34.
Short-term target range: 0.38-0.40.
On-chain data shows that a top-tier exchange address is frequently interacting with the Saros contract, which usually accompanies significant positive news following similar historical patterns.
How high do you think Saros can go this time? Do you have any holdings? Let's discuss in the comments!
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