Technical Reassessment
Current Price: $0.0211
Change: +11.64% (strong bullish move)
Volume Spike: Confirms buying interest around key support
Key Levels (Pivot-Based):
Support 1 (S1): $0.0143 (previous rebound zone)
Pivot Point (P): $0.0209 (currently acting as support)
Resistance 1 (R1): $0.0308 (target if momentum continues)
2. Chart Behavior
Bullish Structure Forming:
Higher low at $0.0175
Break above short-term resistance at $0.0204
Momentum Indicator: Strong volume supports breakout
Next Watch Zones: $0.0218 (R3), $0.024 (R4), then $0.0262 (R5)
3. Strategy Assessment with Biswap Strengths
StrengthRelevance to ChartLow FeesCan attract more volume/traders during uptrendReferral ProgramMight drive organic user growth amid positive sentimentMulti-reward stakingIncentivizes holding, supporting floor levels (like at $0.0143 and $0.0175)Multi-chain expansionMay provide narrative boost if new listings or partnerships are announcedLaunchpool & IDOsCould catalyze speculative interest—supporting breakout toward $0.024+