⚡ $SWARMS — 🩸 Short ⚡— PRICE DROP WARNING: SELLERS ARE TAKING CONTROL! 🚀
Entry: 0.00717
TP: 0.00672
SL: 0.00732
Insight ⚡
#SWARM is respecting a clear bearish structure with lower highs and lower lows on the lower timeframes, reflecting the broader market's "Extreme Fear" (Index: 5-11). This setup captures a pullback entry into established resistance within a primary downtrend, as the token struggles to recover from its recent all-time lows reached in early February. Price remains below the critical lower-high pivot zone, and the rejection near $0.0072 indicates that the recent relief bounce is being used by sellers to enter fresh short positions. Despite the decentralized storage narrative, the lack of significant news and declining social sentiment—ranked #3,628 in activity—suggests that the pullback is being absorbed by high-conviction sellers. As long as the overhead supply zone holds, the path of least resistance leads to 0.00672.
Risk is controlled. Structure is bearish. Patience is key.
#FutureTradeSignals $DENT $FIL