$BSW Signs of Recovery After Sharp Spike
$BSW saw a sharp upside spike to 0.0372, followed by immediate rejection and consolidation around 0.0339. The volume surge shows buyer interest, but the quick wick indicates sellers are still active at higher levels.
Prediction:
If BSW maintains above 0.0330, another test of 0.0360–0.0372 is likely. Break above 0.0372 could lead to a rally toward 0.0400. But a drop below 0.0322 will weaken bullish momentum.
Trade Setup Idea:
Long above 0.0330
SL: 0.0318
TP1: 0.0360
TP2: 0.0395
Pro Tip:
Wait for a strong candle close above 0.0345 for confirmation. Avoid chasing if price reverts below 0.0330.