SRM has conquered the $5 zone and is continuing to rise to the $6.8 and $8 zones. However, the $5 zone is still not solid and we need to prepare to buy more at the $4.6 zone. But if it loses the $4.6 zone, it will continue to fall sharply to the $3.8 zone

🔴Buy : 4.9-5.1$ 🔴Buy : 4.5-4.7$. SL if B
🔴Sell : 6.65-6.95$. SL if A 🔴Sell : 7.8-8.0$. SL if A
🔵Sell : 4.5-4.7$ if B. SL if A 🔵Buy : 3.7-3.9$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Serum is a decentralized derivatives exchange project that enables cross-chain trading.
  • The project is a collaboration between FTX, a centralized derivatives trading platform, and Solana, a low-cost, interoperable blockchain featuring smart contracts.
  • The Serum project will also feature SerumBTC and a SerumUSD stablecoin that will exist as SPL and ERC20 tokens, making it possible to offer physically settled cross-chain contracts.
  • The Serum project is powered by the SRM governance token, which also provides discounts on trading on Serum, and is burnt with revenue earned from transactions on the network.
  • 1 million SRM make up a MSRM, which is the amount needed to participate in operating a staking node that helps decentralize the network and offer support in transaction settlement validation.