$BSW / USDT Showing Signs of Recovery on Binance! 🌱
Current Price: 0.0206 USDT
Change: +2.49%
$BSW / USDT on Binance is indicating a potential recovery on the 4-hour chart after a recent dip.
Key Observations:
* Recent High (24h): 0.0216 USDT
* Recent Low (24h): 0.0180 USDT
* Volume (24h BSW): 233.63M
* Volume (24h USDT): 4.63M
The price has bounced from the recent low and is showing upward momentum. However, it's still below the 24-hour high, suggesting potential resistance ahead.
Considerations:
* Resistance Level: The 24-hour high of 0.0216 USDT could act as a significant resistance level. Breaking above this might signal a stronger recovery.
* Support Level: The 24-hour low of 0.0180 USDT provided a bounce, indicating potential support at this level.
* Trading Volume: Increased volume during this upward move would add more conviction to the recovery.
Disclaimer: This is not financial advice. Always conduct your own thorough research before making any trading decisions.