$BSW / USDT Short Trade Alert: Bearish Reversal After Failed Breakout! šØ
The recent bullish push on BSW/USDT was sharply rejected at the $0.0318 resistance level. This failure to sustain higher levels, coupled with a swift red engulfing candle, signals a likely continuation to the downside.
š Trade Setup
Entry: $0.0304
Take Profit: $0.0285
Stop Loss: $0.0319
ā ļø Why the Short Bias?
Clear rejection at the 24H high of $0.0318
Large wick and red candle showing selling pressure
Pattern of lower highs forming
Increased volatility with failure to maintain support
A breakdown below $0.0300 will likely confirm the bearish structure and accelerate momentum toward the lower support zone around $0.0285.
š”ļø Risk Note: Use tight stop-loss to manage volatility and invalidate the setup if bulls reclaim $0.0319.
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