🚀 $BSW /USDT – Biswap Wakes Up: Breakout Signal or Bull Trap?

🕓 4H Chart | 💥 Price: $0.0355 (+46.09%)

After a prolonged downtrend, BSW just printed a monster breakout candle, crushing all major moving averages in one move. But is this the start of a trend reversal or a trap for late buyers?

🎯 Target Zones:

🎯 Target 1 – $0.042

The first resistance zone. Price reacted here multiple times in May. A retest is likely if momentum holds.

🎯 Target 2 – $0.052

Psychological and structural resistance. Previous swing high. A breakout above here confirms bullish momentum.

🎯 Target 3 – $0.070+

The real trend reversal level. Breakout here could signal a return to macro accumulation and open doors to $0.09–0.10 range over time.

🧠 Technical Insights:

📈 Broke above MA7, MA25, and MA99 with a single impulsive candle — a powerful sign of strength.

📊 Volume spike signals fresh buyer interest.

🔄 Historic pattern: previous spikes faded fast unless backed by news or sustained demand.

⚠️ Risk Zone:

Invalidation below: $0.021 – a close beneath this would invalidate the breakout setup and suggest a failed move.

Conclusion:

BSW may have just broken its chains. If bulls hold the line above $0.030, this could evolve into a multi-leg rally. But caution: we've seen fakeouts before — what follows this candle matters more than the candle itself.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!