Bitget App
Trade smarter
SWELL Price Steadies at $0.01165 With Support at $0.0106 and Resistance at $0.01178

SWELL Price Steadies at $0.01165 With Support at $0.0106 and Resistance at $0.01178

CryptonewslandCryptonewsland2025/08/21 00:00
By:by Francis E
  • SWELL trades at $0.01165, showing an 11.4% gain in seven days, with support at $0.0106 and resistance at $0.01178.
  • The token completed a breakout and retest, stabilizing above its descending trendline and forming a short-term bullish structure.
  • SWELL also gained against majors, trading at 0.079848 BTC (+9.0%) and 0.052565 ETH (+6.4%).

Swell (SWELL) has maintained upward momentum after completing a breakout and subsequent retest of its resistance structure. As of now, the token is trading at $0.01165, with a 7-day rise of 11.4 percent. Its support lies at $0.0106 and resistance appears around $0.01178, with the asset explicit in a tech marketplace range.

Breakout Structure and Market Reaction

The breakout above the descending trendline has shifted the short-term outlook for SWELL. The retest of that level was completed, and price managed to stabilize above the former resistance line. This reaction has kept the market’s focus on the immediate trading zone between support and resistance levels.

$SWELL

Breakout and retest done. ✅ pic.twitter.com/rzlFHj3moi

— Nihilus (@NihilusBTC) August 17, 2025

Notably, the breakout was accompanied by increased activity, which positioned SWELL above its recent consolidation band. The chart shows a pattern of steady recovery, highlighting the transition from a corrective phase to renewed momentum.

Current Technical Levels

The price is still building on the support level at $0.0106. This level has enabled the market to maintain its upward structure. Concurrently, the next resistance of interest is posed by a barrier located at $0.01178, which is the next relevant obstacle and defines the immediate technical picture.

At the same time, SWELL is changing hands at 0.079848 BTC and 0.052565 ETH, showing increases in value of 9.0% and 6.4%, respectively. These combinations represent relative growth in relation to both BTC and ETH in the period under observation.

SWELL Holds Steady as Traders Watch Key Trading Levels

Attention is now directed toward how SWELL performs around the current resistance. Should the asset test and hold above $0.01178, the chart indicates room for additional price expansion. However, maintaining stability near $0.0106 support is equally critical in preserving short-term structure.

The overall trading range highlights the balance between consolidation and breakout momentum. With the retest completed, market participants are watching the defined levels closely to assess the next move.SWELL trades steadily within its defined range, with resistance and support levels guiding short-term direction as momentum and activity remain elevated.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

CleanSpark’s Expansion into AI Data Centers Boosts Stock by 14% as Bitcoin Mining Continues

Leveraging Infrastructure Expertise, CleanSpark Enters AI Data Center Market Amid Mining Sector Recovery

Coineagle2025/10/21 13:03
CleanSpark’s Expansion into AI Data Centers Boosts Stock by 14% as Bitcoin Mining Continues

BitMine’s $250M Ether Purchase: Analysts Predict Surge to $4,440

BitMine Capitalizes on ETH Price Dip, Predicts Short-Term Rebound to $4,440 Amid Market Volatility

Coineagle2025/10/21 13:03
BitMine’s $250M Ether Purchase: Analysts Predict Surge to $4,440

British Columbia Takes Stand: No More New Cryptocurrency Mining Ventures

Preserving Industrial Electricity: A Contrast to France's Surplus Power Utilization for Bitcoin Mining

Coineagle2025/10/21 13:03
British Columbia Takes Stand: No More New Cryptocurrency Mining Ventures

Filecoin launches Filecoin Pin — a new developer tool for on-chain Pin on IPFS

With Filecoin Pin, developers can now persistently store any files or existing IPFS data on Filecoin—a decentralized network composed of globally distributed storage providers—using the IPFS tools and workflows they are already familiar with, from the command line to GitHub Actions.

ForesightNews2025/10/21 13:01
Filecoin launches Filecoin Pin — a new developer tool for on-chain Pin on IPFS