$BSW /USDT BEARISH REJECTION AFTER SPIKE — SHORT SETUP ACTIVATED!
$BSW /USDT saw a sharp vertical spike toward $0.0557 but faced heavy rejection, printing a strong bearish candle on the 1H chart. Price has now dropped back below $0.0500, signaling exhaustion in buying pressure and a possible reversal toward support zones.
Trade Setup:
Short Entry: 0.0480
Take-Profit Targets:
TP1: 0.0460
TP2: 0.0440
Stop-Loss: 0.0510
Market Outlook:
Despite a breakout attempt, the rapid sell-off indicates a false breakout and possible short-term correction. If price stays below $0.0490, bearish pressure could accelerate. Caution advised on sudden volatility.
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