BSW Bull Trap:Binance Delisting + Weak Fundamentals = -50% AheadToday, I want to analyze the Biswap project ( BINANCE:BSWUSDT ) with the BSW token for you and examine the opportunity for a short position on the BSW token from a Fundamental and Technical perspective.
First, let's examine the conditions of the Biswap project from a Fundamental persp
BSWUSDT Forming Falling WedgeBSWUSDT is currently showcasing a classic falling wedge pattern, a bullish reversal signal often associated with a sharp move to the upside once the pattern resolves. This technical structure forms when price action consolidates with lower highs and lower lows, while volume typically decreases — set
BSW/USDT Analysis – Weekly Timeframe
#BSW The price is currently moving within a descending trend channel, showing attempts to break out of the structure.
📌 The ideal buy signal will be confirmed by a weekly candle close above the 0.0535 USDT level, which acts as a key resistance.
🎯 Potential upside targets after breakout:
Target
BSW/USDTKey Level Zone: 0.06860 - 0.06890
Stoploss Level: 0.06850
HMT v4.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, moment
BSW/USDTKey Level Zone : 0.07800 - 0.08000
HMT v4.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market
BSW/USDTKey Level Zone : 0.07265-0.07330
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market st
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