Falling Knife or Bounce Incoming?

BSW/USDT Monthly Breakdown

Current Price: $0.0150 (+32.74%)

Timeframe: 1M

$BSW has been bleeding for months, dropping from $2.16 all the way to a low of $0.0110 — that's a brutal -81.38% in the last year! But today, it’s showing some signs of life with a +32.74% pump.

Key Stats:

24H High: $0.0172

24H Low: $0.0112

Volume (24H): 922.28M BSW

Today: +9.42%

7 Days: -9.04%

30 Days: -60.98%

90 Days: -78.08%

180 Days: -74.88%

1 Year: -81.38%

Trend Watch:

Despite the heavy downtrend, buying pressure is increasing, with 60.15% of the order book showing buyers stepping in. Is this a dead cat bounce or the beginning of a turnaround?

What’s your take?

Is BSW gearing up for a reversal or just teasing traders before another leg down?

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