🟣 #SWARM /USDT Technical Overview
📍 Current Price: $0.02305
📊 24h Range: Awaiting breakout confirmation
📈 24h Performance: Sideways consolidation with bullish bias
🔸 Market Structure:
SWRM has been trading in a tight consolidation zone after facing resistance above the $0.025 mark. It has found multiple supports near the $0.021–$0.0225 range, indicating strong accumulation at lower levels.
🔸 Volume Analysis:
Volume is gradually increasing, signaling growing interest. A sharp spike in volume could precede a breakout move.
🔸 Key Levels:
🔼 Resistance: $0.02520 – Break above this could trigger a rally toward $0.028–$0.030
🔽 Support: $0.02100 – A close below this level may lead to correction toward $0.019
🔸 Moving Averages (MA):
7 EMA and 25 MA are nearing a bullish crossover
SWRM is trying to stay above short-term moving averages which supports bullish continuation
🔸 RSI:
Neutral zone, hovering around 50 – Room for upside movement
🟢 Bullish Signal If:
SWRM breaks above $0.02520 with strong volume → Target $0.030
🔴 Bearish Caution:
Break below $0.02100 with volume → Watch for retest of $0.019 zone
📌 Strategy:
Wait for confirmation breakout with volume; ideal for breakout traders and intraday scalpers. Risk management advised due to low cap volatility.
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