Ledger Launches Smart Contract Proxy Detection Feature
- Feature Introduction: Ledger launched its smart contract proxy detection feature on June 17, 2026, which identifies proxy patterns and reveals the actual logic contract through transaction simulation before user signing, enhancing transaction transparency and security.
- Security Background: This rollout is closely tied to the February 21, 2025 Bybit/Safe exploit, which resulted in over 401,000 ETH being drained by attackers, with Ledger's detection feature aimed at addressing the blind spots users face during signing.
- User Impact: By flagging proxy contracts at the moment of signing, Ledger empowers users to better assess transaction risks, especially as the widespread use of upgradeable contracts in Ethereum DeFi increases the potential for such attacks, thereby enhancing user decision-making capabilities.
- Market Reaction: In a market environment where Ethereum trades around $1,675, improvements in security tools like proxy detection are crucial for restoring user confidence in on-chain interactions and pushing for stronger DeFi security standards.
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Technical Analysis for SAFE
Technical Sentiment Analysis for Safe (SAFE). As of , Safe (SAFE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SAFE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SAFE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Safe (SAFE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0575 | 0.0682 | 0.078 | 0.0887 | 0.0985 | 0.109 | 0.119 |
| Fibonacci | 0.0682 | 0.076 | 0.0809 | 0.0887 | 0.0965 | 0.101 | 0.109 |
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