signal for $BSW

/USDT:

Technical Analysis:

Current Price: $0.0711 (+5.02%)

Trend: Bullish momentum with a steady rise over the past 24 hours.

Support: $0.0654 (24h low)

Resistance: $0.0727 (24h high)

Moving Averages:

MA(5): Shows upward momentum, indicating short-term bullishness.

MA(10): Supports the bullish sentiment, though a potential consolidation phase may occur.

Trade Signal:

Buy Signal: The price is breaking above recent resistance ($0.0711), suggesting a continued bullish trend.

Sell Signal: Look for a retracement near $0.0727, or if price dips below $0.0686.

Targets 🎯:

1. Target 1: $0.0740 (Near recent highs, short-term resistance)

2. Target 2: $0.0780 (Next major resistance zone)

3. Target 3: $0.0800 (Bullish breakout potential)

Trade Momentum:

Momentum: Positive, with the price showing sustained upward movement and increasing volume. Watch for any pullback to confirm strength before targeting higher levels.

Recommendation: Enter if the price holds above $0.0711, with caution near $0.0727 for potential reversal.

This analysis suggests a cautious bullish approach with potential for further upward movement, particularly if the price stays above the $0.0700 support level.

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