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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.

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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.

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