SWELL/USDT – Key Demand Zone: Relief Rally or Breakdown?Full Analysis
SWELL is currently at a critical juncture. After a prolonged downtrend since early 2025, the price has shifted into a range-bound structure, with a strong demand zone around 0.0060 – 0.0088 (highlighted in yellow).
This zone has been tested multiple times over the past few months, suggesting that buyers—potentially whales or institutions—are defending it. However, the more a support level is tested, the weaker it often becomes, raising the stakes for what comes next.
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Structure & Price Pattern
Primary trend: bearish since the start of the year, but the momentum of the decline has slowed since Q2 → forming a range market.
Current pattern: multi-touch support combined with lower highs on the upside → signaling a phase of accumulation or distribution.
Key levels:
Support zone: 0.0060 – 0.0088.
Resistance layers: 0.0104 → 0.0116 → 0.0149 → 0.0187.
If the support zone holds, the probability of a relief rally is high. If it breaks, we could see a new capitulation phase.
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Bullish Scenario
1. Bounce from demand zone
Confirmation: a strong daily rejection candle (hammer / bullish engulfing) with rising volume.
Short-term target: 0.0104 – 0.0116.
Extended targets: 0.0149 – 0.0187 if a breakout gains traction.
Upside potential: +30% to +100% from current levels.
2. Structural breakout
If price closes above 0.0116 on the daily chart, structure shifts into a higher-high formation.
This would significantly increase the probability of a larger bullish leg.
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Bearish Scenario
1. Support breakdown
If the daily close falls below 0.0060, the demand zone will have failed.
This could trigger another strong sell-off and force the price to search for lower support levels.
Downside potential: at least -30% from current price, possibly more under heavy selling pressure.
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Implications for Traders
Aggressive traders may consider entering within the demand zone with a tight stop-loss just below 0.0059. High risk, but potentially high reward if the bounce materializes.
Conservative traders should wait for a confirmed breakout above 0.0116, then enter on the retest. This approach provides a clearer bullish structure and better confirmation.
Risk management is critical here—SWELL is a small-cap altcoin with high volatility.
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Conclusion
SWELL/USDT is standing at a major decision point. The 0.0060–0.0088 demand zone is the battlefield where the next trend direction will be decided—whether we see a relief rally toward higher resistances or a bearish breakdown into uncharted territory.
For traders, this is the time to stay patient and wait for confirmation: watch daily candle closes, volume spikes, and market reactions around this zone before making a move.
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