SRM is having an important support at $5.5 at the moment, if it doesn't lose this $5.5 zone then SRM can surge to $7, $8.5 and $10 in December. But if it hits If we lose the $5.5 zone, we will wait to buy back the $4.5 zone

♻️Condition : If 1-Day closes ABOVE 5.5$ zone 🔴Buy : 5.5 🔴Sell : 7 - 8.5 - 10
♻️Condition : If 1-Day closes BELOW 5.5$ zone 🔵Sell : 5.5 🔵Buy : 4.5
🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section

  • 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.