$BSW Shows Signs of Recovery After Sharp Spike**
**BSWUSDT Perpetual**
**Current Price** 003398 **+487%**
## **Price Action Breakdown**
- **Sharp Spike Rejection** $BSW surged to **00372** but faced immediate rejection consolidating near **00339**
- **Volume Surge** High buying interest evident but the long upper wick indicates strong seller pressure at higher levels
## **Key Levels to Watch**
- **Support** **00330** critical hold for bullish continuation
- **Resistance** **00360–00372** breakout target
- **Breakdown Level** **00322** loss of bullish momentum if breached
## **Price Prediction**
✅ **Bullish Scenario**
- Hold above **00330** → Retest **00360–00372**
- Break above **00372** → Rally toward **00400**
*Bearish Risk**
- Drop below **00322** → Weakens bullish structure
## **Trade Setup**
- **Entry** Long above **00330** confirmation on strong close above **00345**
- **Stop Loss SL** **00318**
- **Take Profit TP**
- **TP1** **00360** partial exit
- **TP2** **00395** final target
## **Pro Tip**
⚠ **Avoid chasing pumps** if price drops back below **00330** Wait for confirmation with a strong candle close above **00345** for higher conviction
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