$SWELL -- This Pattern Could Lead to $0.020+ 🚀
📉 SWELL is currently consolidating near the bottom of a long downtrend, showing signs of forming a rounded base around 0.010–0.011 after weeks of flattening.
⚠️ Potential base breakout zone can be seen in the chart below!
This accumulation range suggests a reversal could be brewing if volume steps in.
🔼 Breakout Target: 0.015+
🔽 Breakdown Risk: 0.009
📊 Momentum Check:
MACD: Flattening, starting to curl up — early bullish shift possible.
RSI: Neutral (~50), plenty of room to run before overbought territory.
Targets:
🟦 Break & hold above 0.012 → 0.014 → 0.015
🟩 Short-term potential: 0.018–0.020
🟥 Breakdown? Watch 0.010 and 0.009 for last-ditch support.
⚠️ Fakeout Alert:
Wick above 0.012 without volume = classic trap. Wait for confirmation on 4H/1D candles.
📌 Final Word:
SWELL is sitting in a low-volatility coil. A clean breakout could kickstart a new uptrend, but losing 0.010 could drag it to fresh lows. Watch the volume like a hawk.
🔍 Follow for more early-stage token reads. No hopium, just precision!