$BSW This short liquidation means that traders who were betting against at the price of $0.07532 were forced to close their positions, leading to a significant increase in buying pressure.

What’s Next for $BSW.

After the short liquidation, we could see a potential upward movement as the pressure of liquidations subsides. However, this is also a time to remain cautious, as the price can fluctuate.

Buy Zone for $BSW.

Entry Level.

Look for a good buy opportunity around $0.0730 - $0.0740.

The price might dip to these levels before a potential reversal or continuation of the uptrend. Make sure to monitor for any confirmation signals like bullish candlestick patterns.

Target Levels.

First Target. $0.0780 - $0.0800.

If the price breaks through this level, the next key resistance is around $0.0850.

Target 2. $0.0900 could be achievable if the uptrend continues.

Stop Loss.

Stop Loss Level.

Set your stop loss at $0.0700 to manage risk effectively. This ensures that if the price moves against your position, your losses are minimized.

Key Points to Watch.

Watch for any sudden changes in volume or price action as these can indicate a trend reversal or continuation.

Be cautious of any broader market conditions that could affect $BSW, especially major news or events impacting the crypto space.

Conclusion.

Bullish Scenario.

If the price stays above $0.0740 and confirms a support level, we could see an upward trend.

Bearish Scenario.

If the price falls below $0.0700, it may signal a larger downtrend, and you might want to reconsider your position.

Remember to always practice good risk management and stay informed about the market. Happy trading.

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