SWARMS price is consolidating above $0.019–$0.020, rejecting multiple breakdown attempts while building pressure for a decisive move against resistance.
A breakout above the $0.022–$0.023 pivot and trendline could target $0.0259, $0.0394, and potentially $0.049–$0.065 with strong momentum.
A failure to hold the $0.019 support zone would shift market control to sellers, increasing the likelihood of new local lows forming.
SWARMS price action is tightening as the token trades near a crucial breakout point. Bulls are defending a well-established support level while eyeing a potential move above descending resistance.
Price Holds Firm Above Key Range
SWARMS has been consolidating above the $0.019–$0.020 support zone, repeatedly rejecting downside attempts. This level has acted as a strong base, preventing sellers from taking control in recent sessions.
According to market observer Marcus Corvinus (@CryptoBull009), the chart is “screaming decision time” as price continues to hold above the key range. He noted that bulls remain in control while pressure builds toward the downtrend line. A breakout could trigger sharp upward momentum, while a breakdown below the range would shift control to sellers.
Breakout Levels and Upside Targets
The main barrier remains the descending trendline drawn from previous highs. SWARMS is now pressing against this ceiling, with bulls aiming for a clean breakout.
A decisive move above both the trendline and the $0.022–$0.023 pivot could open the way for further gains. Immediate targets are set at $0.0259, followed by $0.0394, and potentially the $0.049–$0.065 area if momentum accelerates. These levels represent stages where profit-taking or consolidation could occur before any extended rally.
Downside Risk if Support Fails
While bullish momentum is building, the $0.019 support remains critical. Losing this level would erase the current bullish setup and place sellers firmly in control.
Such a breakdown could lead to fresh local lows, disrupting the consolidation structure. Traders are closely monitoring this zone, as price compression rarely lasts without a decisive move. Market sentiment will likely shift quickly depending on the direction of the breakout.
With SWARMS coiling tightly, the market is braced for volatility. Both traders and analysts are watching for confirmation of a breakout or breakdown, as the next move could set the tone for the token’s near-term trend.
