$BSW /USDT has shown mixed price action on the 1-hour chart. The pair experienced a recent bullish surge, testing a resistance near $0.0716 but failed to sustain the level, leading to a correction. Currently, it’s stabilizing near $0.0650, showing potential signs of consolidation.
Signal Details:
Entry Point: $0.0650
Resistance Levels:
R1: $0.0680
R2: $0.0700
R3: $0.0720
Support Levels:
S1: $0.0638
S2: $0.0610
Take-Profit Targets:
1. TP1: $0.0680
2. TP2: $0.0700
3. TP3: $0.0720
Stop Loss: $0.0620
Cautionary Note:
Traders should monitor the $0.0638 support level for stability. If the price sustains above $0.0650, it may attempt to retest $0.0700. However, failure to hold above support could signal further downside risks. Exercise caution and use appropriate risk management.
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