SafeMoon (SFM) has seen impressive gains following its migration from BNB to Solana, climbing nearly 60% in two days and 490% in a week. Key technical indicators, like the ADX, showcase a strong uptrend with bullish momentum, suggesting potential further price increases.

Despite this, the BBTrend remains negative, hinting at ongoing selling pressure. If the upward trend weakens, SFM could face a significant price correction, potentially dropping 55% from recent highs.

Currently, the ADX sits at 31.5, reinforcing trend strength above the key 25-point threshold. However, if buying pressure does not hold, volatility could resume.

Moreover, the formation of a golden cross on the EMA lines signals potential upward movement, contingent on sustained buyer interest. Conversely, the BBTrend’s position in negative territory since February 26 indicates that selling pressure may still dominate. If corrected, SFM may hit $0.000128 and $0.000134 levels.

Ultimately, SafeMoon's mid-term outlook hinges on sustained buying momentum. A faltering trend might lead to a test of support at $0.0000659 or a further dip to $0.000038 if selling resurges.