🚨 Biswap $BSW Day Trading Strategy – April 30, 2025
📈 Current Price: $0.0468
📉 24h Change: +0.54%
🔼 Intraday High: $0.0506
🔽 Intraday Low: $0.0303
📊 Technical Overview:
Support Levels: $0.0400, $0.0350
Resistance Levels: $0.0500, $0.0550
Indicators:
RSI (14): Approximately 56.79, indicating neutral to bullish momentum.
MACD: Bullish crossover observed, suggesting upward momentum.
Moving Averages: Price is trading above the 50-day EMA, indicating a bullish trend.
📈 Intraday Trading Plan:
Long Entry: $0.0420 – $0.0440
Take Profit (TP): $0.0490 – $0.0500
Stop Loss (SL): $0.0400
Short Entry: $0.0500 – $0.0520
Take Profit (TP): $0.0450
Stop Loss (SL): $0.0530
📰 Market Insights:
Biswap $BSW has shown a significant price increase of over 132% in the past week, indicating strong bullish momentum. However, traders should be cautious of potential volatility and monitor key support and resistance levels closely.
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