• SAFE has surged 76% in 24 hours, breaking out of a multi-month downtrend with strong volume.
• Social dominance has risen sharply, but overbought indicators and price divergence suggest caution.

Safe [SAFE] has soared, breaking free from its multi-month downtrend and skyrocketing over 76% in just 24 hours. At press time, SAFE was trading at $1.66, showing a significant increase in investor confidence. 

Additionally, the market cap has surged by 76.69%, pushing its valuation to $770.48 million. The trading volume has jumped by an astounding 9981.24%, indicating heightened interest in the token’s recent performance.

These figures highlight the strength behind the current breakout. However, traders are now asking whether Safe…