SRM just broke out of the $7 zone and is moving towards the $10 and $13 zone or even higher in September. But if it loses the $7 zone then we might consider buying back the SRM at $6 and 5$

🔴Buy : 6.8-7.2$. SL if B
🔴Sell : 9.75-10.25$. SL if A 🔴Sell : 12.7-13.3$. SL if A
🔵Sell : 6.8-7.2$ if B. SL if A 🔵Buy : 5.85-6.15$ if A. SL if B 🔵Buy : 4.88-5.12$. SL if B
❓Details 📈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 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day 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.