$BSW Short Liquidation Alert!
A short liquidation of $1,309 just occurred at $0.08209, signaling rising bullish pressure. The market is squeezing shorts, creating potential for a breakout or sharp price movement.
Bulls may be gearing up for the next leg higher—will they push through?
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Key Details:
1. Liquidation Volume: $1,309
2. Liquidation Price: $0.08209
3. Market Sentiment: Bullish momentum building after a short squeeze.
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Next Move: Strategic Action Plan
1. Go Long for the Breakout:
If $BSW holds above $0.082, consider entering a long position with a target of $0.085-$0.088.
Watch for increasing volume as confirmation of bullish momentum.
2. Wait for a Dip:
If a retrace occurs, look for re-entry around $0.080-$0.081.
This support zone could offer a better risk-to-reward ratio for longs.
3. Short with Rejection:
If price fails to hold above $0.083, consider shorting with a target of $0.078-$0.079, but ensure rejection signals are clear before entering.
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Risk Management:
Stop Loss for Longs: $0.080
Stop Loss for Shorts: $0.0835
This is a critical moment for $BSW —either bulls take control and break resistance, or bears regain dominance.
Stay sharp, watch for volume spikes, and trade with precision!