$SWARMS Bearish Retest at Local Resistance
Price is approaching a key resistance area after a weak recovery on the 4H chart.
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🔹 Trading Setup (SHORT)
• Entry: 0.0145 – 0.01480
• TP1/TP2: 0.01380, 0.01320
• SL: 0.0155
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SWARMS is retesting the 0.01455–0.01480 resistance zone, where sellers previously dominated. The current bounce lacks strong volume, showing limited buyer strength as price climbs toward overhead supply. RSI is neutral-to-high but does not signal a convincing continuation, while price remains below the major resistance structure. These factors make this retest a favorable probability setup for a rejection move.
