Here’s a technical breakdown and trade insight for $swarms /USDT
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📉 SWARMS/USDT Market Snapshot
Metric Value
Last Price $0.01948 (▼ -14.79%)
Mark Price $0.01946
24h High / Low $0.02470 / $0.01929
24h Volume (SWARMS) 8.14 billion
24h Volume (USDT) $182.10M
Current Vol 81.42M
MA(5) Volume 137.84M
MA(10) Volume 234.13M
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⚙️ Technical Levels & Market Structure
Zone Price Levels
Immediate Resistance $0.02142 → $0.02327 → $0.02470
Current Zone $0.01948
Support Zone $0.01929 → $0.01773 → $0.01630
Breakdown Risk Below $0.01750 (strong sell-off)
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🔍 Trend Analysis
Short-Term Momentum: Bearish (confirmed)
Price near 24h low → weak demand zone
Sharp drop of ~15% suggests panic/unwind
Volume declining vs MA(5) and MA(10) → fading conviction
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🧠 Trade Setup Ideas
🔽 Bearish Continuation (High Probability)
Entry: $0.01940
TP1: $0.01780
TP2: $0.01630
SL: $0.02060
Reasoning: Price is riding the lower Bollinger Band equivalent, weak bounce potential unless major support enters.
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🔼 Reversal Trade (Risky / Scalping)
Entry: $0.01780–$0.01750 (oversold support)
TP1: $0.01930
TP2: $0.02050
SL: $0.01600
Reasoning: If whales step in near $0.0177, a quick relief bounce is possible. However, confirmation (volume spike) is critical.
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⚠️ Final Notes
Strong Downtrend: Avoid long until structure changes or big volume re-enters.
Watch 15m/1h RSI & OBV: If RSI < 25 with divergence, bounce may form.
Caution: Sudden drops like this can continue 10–20% further without strong buy walls.
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