$BSW BSW/USDT Chart Analysis (1h timeframe)

Current Price: $0.0190

24h Change: +26.67%

24h High / Low: $0.0198 / $0.0145

Trend: Strong breakout with bullish continuation pattern

Technical Indicators (summary):

Parabolic SAR: Bullish, with dots clearly trailing below the price, confirming upward trend continuation.

MACD: Strong bullish momentum, histogram widening to the upside, indicating growing buying pressure.

MA5 & MA10: Price is well above both moving averages, showing strong short-term momentum and healthy support formation.

Volume: Significant increase with accelerating candles suggests aggressive buyer participation.

Price Action:

#BSW formed a solid bottom at $0.0143 before initiating a steep upward surge. Price action remained relatively flat for several hours before bulls took control, pushing through $0.0164 and then past $0.0190. The latest candle broke above the prior resistance level with rising volume, signaling continuation. The move was clean and sustained, without large upper wicks, which reflects strength in buyer conviction.

Outlook:

Bullish scenario: Sustained action above $0.0190 could push price toward the next key psychological level at $0.0210. A confirmed breakout with volume may target $0.0228 short-term.

Bearish scenario: A failure to maintain support above $0.0177 could cause a pullback toward $0.0164. Below that, $0.0152 will be the next support zone to watch.

Conclusion:

BSW/USDT is showing a textbook breakout with strong technical confirmation. MACD alignment with SAR and surging volume indicates healthy momentum. As long as price sustains above the breakout level and volume holds, upside continuation remains the likely path. However, trailing stop-losses should be considered below $0.0175 in case of sudden reversals.