๐Ÿšจ Biswap $BSW Day Trading Strategy โ€“ April 30, 2025

๐Ÿ“ˆ Current Price: $0.0468

๐Ÿ“‰ 24h Change: +0.54%

๐Ÿ”ผ Intraday High: $0.0506

๐Ÿ”ฝ Intraday Low: $0.0303

๐Ÿ“Š 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.โ€‹


๐Ÿ“ˆ Intraday Trading Plan:


Long Entry: $0.0420 โ€“ $0.0440

Take Profit (TP): $0.0490 โ€“ $0.0500

Stop Loss (SL): $0.0400


Short Entry: $0.0500 โ€“ $0.0520

Take Profit (TP): $0.0450

Stop Loss (SL): $0.0530โ€‹


๐Ÿ“ฐ 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.โ€‹



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