SAFE is currently quoted at 0.1751. From a technical perspective, several moving averages have already formed a death cross pattern. Combined with the current downward trend, the possibility of a breakdown in the future is quite high.

This round of correction to the current position appears to be just a consolidation phase. The real waterfall decline may still be ahead, so entering the market now requires caution—either wait for clearer signals or adopt a bearish stance.

If you plan to short at this level, a market order is an option, but be prepared psychologically. There is a probability of a quick rebound resembling a head-and-shoulders pattern, so stop-losses should be well set. The current price has not fully tested the next support level, leaving room for further decline in both time and space.