$BSW
/USDT Technical Analysis and Trade Signals
Current Price: $0.0790
Key Levels:
Support: $0.0748
Resistance: $0.0795
Major Trend: Slight bullish momentum
Trade Signals:
1. Bullish Momentum:
Action: Buy
Reason: Price has shown positive movement (+4.64% in 24 hours) and is approaching the resistance zone at $0.0795.
Entry: Buy near $0.0790, keeping a tight stop loss below $0.0748 (recent low).
2. Target Levels:
Target 1: $0.0805 (next resistance zone)
Target 2: $0.0820 (previous highs)
Target 3: $0.0850 (potential extension if bullish trend continues)
3. Bearish Reversal (if momentum weakens):
Action: Sell or take profits
Reason: If the price fails to break above $0.0795 or shows signs of reversal, consider selling or exiting near resistance.
Exit Point: Sell near $0.0795 or if the price breaks below $0.0748.
Momentum:
Short-term: Bullish
Medium-term: Neutral with potential bullish continuation
Monitor price action closely around $0.0795 for breakout confirmation.
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