Biswap Price Soars 23% But Risks Further Downside Ahead of Binance Delisting

Highlights:

• The Biswap price has surged 23% despite the Binance delisting news.
• Trading volume has exploded by 1706%, with open interest increasing by 286.61%, indicating an intense bullish outlook.
• The RSI shows a slight dip, while volatility risks further downside to $0.021

The Biswap price has obtained the number 1 gainer on CoinMarketCap, after rising over 100% in a day. However, the token has retraced to $0.02 mark, still up about 23% in the past 24 hours, as the trading volume increases 1706%. BSW is now boasting a 20% gain in the past week, despite the slight 14% decrease in a month. The recent rally comes as Binance announced the delisting of Biswap on 4 July. Despite the negative news, the token has spiked as some analysts have cautioned investors against trading such coins. 

#Binance announced the delisting of BSW token today.

$BSW token will get delisted on 4th July 2025.

The token pumped 130% today.

Note: Huge manipulation is going on; stay away from trading such tokens. pic.twitter.com/BQdgAOuuG6

— Wise Advice (@wiseadvicesumit) June 26, 2025

Biswap Price Soars Over 100% to New ATH

Biswap price has shown remarkable growth, despite the delisting news by Binance. The token has soared about 107% to $0.038 high, from the $0.018 lows. The bulls have the upper hand, as they have flipped the 50-day and 200-day MAs into support. However, due to early profiteering, the token has dipped to $0.0265. 

The Relative Strength Index (RSI) reads at 58.33, after plunging from the 80-overbought region. The retracement is necessary in the market to allow the bulls to sweep through liquidity. As revealed in this analysis, traders are keenly observing the token to determine whether it has either bullish or bearish momentum.

CoinGlass data indicates a positive momentum in the BSW derivatives market. The 24-hour trading volume has exploded by 13,673.54 % to $707.03M. It may be a case of manipulating the market or speculative activities. The open interest has also been increasing radically by 286.61% implying that an increasing number of contracts are being opened and the traders are preparing to make possible short-term gains.

The long/short ratio indicates a bit of bullish interest as the ratio is 1.02. This indicates that most traders bet on rising prices by a minor amount. The huge disparity in the liquidation numbers (rekt positions), however, shows that there are also a lot of short positions being opened. To anyone wishing to trade BSW, timing and risk management are important factors that should be embraced, due to the current volatility.

BSW Risks Further Downside

The market shows high volatility as traders in derivatives data have booked short positions. This shows that the Biswap price may be on the verge of further downside. In such a case, if early profiteering continues, BSW could drop to $0.025 and $0.021 support zones. A breach below this level will call for further sell-offs, painting the bigger picture as bearish. 

On the other hand, if the bulls gain strength, the token may recover slightly. In such a case, the bulls may reclaim the $0.03 high in the near future. Meanwhile, the nature of the liquidity is high and volatile, thus leading to fast short-term profits. The delisting that is coming soon is a huge threat to all the people keeping the token in the long term.