šØ $SWARMS/USDT Spot Setup šØ
šÆ Targets:
ā¢ TP1: $0.6245
ā¢ TP2: $0.6903
ā¢ TP3: TBD after breakout š
š Technical Analysis:
$SWPR is showing bullish momentum after breaking out above the trigger line and flipping the consolidation base. Currently trading at $0.4178, the price has cleared key resistance near the $0.3950 level, confirming structural strength and a potential trend reversal.
The 12h chart shows a confirmed Change of Character (ChoCH) and bullish Break of Structure (BOS). RSI and volume suggest increasing buying pressure.
š Key Support/Resistance Zones:
ā¢ Support: $0.3710 (structure flip)
ā¢ Resistance: $0.6245 (First TP zone)
š Volume Insight:
Volume is increasing, supporting the breakout from the base. A follow-up close above $0.42 on strong volume would add conviction for further upside.
ā ļø Risk Management Tip:
ā¢ Entry: Around $0.4178
ā¢ Stop-Loss: Below $0.3700
ā¢ Risk-to-Reward: 1:2+
Secure partial profits at TP1 and trail stop-loss for remaining positions.
#SWPARMS #SpotSignal #BreakoutTrade
šš¶
