🛑$BSW/USDT POTENTIAL SHORT TRADE SIGNAL – Initial Target $0.0527 🐻
BSW/USDT is currently trading around $0.0534 and has shown a significant upward move. However, it's now testing the upper Bollinger Band (around $0.05985) and the RSI (14) is at a relatively high 64.91, suggesting it might be approaching overbought conditions. If the price fails to break decisively above the upper Bollinger Band and starts to retrace, a move towards the middle Bollinger Band (around $0.0527) becomes a likely initial target.
Trade Setup:
• Entry Zone: $0.0533 - $0.0540
• Initial Target (TP1): $0.0527 ✅
• Potential Further Target (TP2): $0.0515 🎯
• Stop-Loss: Above $0.0555 🛑
The bearish scenario is more probable if the price rejects the upper Bollinger Band and the bullish momentum weakens. Watch for increasing selling volume as confirmation of this potential short trade.
Disclaimer:DYOR and NFA.
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