Trading Signals for Swell Network (SWELL)

Action: Short Position

Entry Range: $0.0202 - $0.0205

SL: $0.0215

TP: $0.0185 - $0.0175

Swell Network (SWELL) has been showing a downward trend in the last 24 hours, with a drop of 10.26%. This price action suggests a possible continuation of the bearish momentum, with recent price fluctuations indicating consolidation near the $0.0200 level. A short position is favored if the price stays below the key resistance at $0.0215. Should the price break above $0.0215, consider adjusting the stop-loss level or exiting the trade. A potential target range is between $0.0185 and $0.0175, capturing 3%-15% profit from the current price. The market cap is relatively small, so be cautious of any sudden price swings.

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🚨Note: Trade at your own risk. DYOR.

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