technical analysis and trade signal for the $BSW /USDT 🔥🔥🔥
Current Price: $0.0844 (+24.48%)
Trend: Bullish momentum with a sharp rise of 24.48% over the past 24 hours, indicating strong buying interest.
Support: The 24-hour low of $0.0667 serves as the immediate support level.
Resistance: The 24-hour high of $0.0855 is acting as resistance, with further upside potential above this level.
Key Indicators:
RSI (Relative Strength Index): Currently showing a bullish sentiment (likely to be around 70), which means it could be nearing overbought conditions, but the trend is still intact.
MACD (Moving Average Convergence Divergence): Positive, with a strong upward cross.
Volume: Increased volume of 181.28M BSW tokens indicates active participation and confirms the uptrend.
Trade Signal:
Buy Zone: Enter between $0.0840 and $0.0860 as the price is likely to consolidate within this range before making a further move upward.
Target Levels:
1. Target 1: $0.0900 (Initial resistance breakout level)
2. Target 2: $0.0940 (Next key resistance zone)
3. Target 3: $0.1000 (Psychological round number and strong resistance)
Stop Loss: $0.0800 (Support zone)
Momentum:
The current bullish momentum remains intact as long as the price holds above $0.0800. A break below this level could signal a possible correction, so it’s important to watch for any downside risk.
#ATASurgeAnalysis #CryptoETFMania #GMTBurnVote #Crypto2025Trends