Biswap (BSW) Bullish Buy Signal with 200% Recent Gains

I'm considering purchasing Biswap (BSW) now. The current price is approximately $0.01899, with a market cap standing at over $12 million. The transaction involved about 7,750 BSW tokens for roughly $147.20, equivalent to 0.2 WBNB. Notably, the 0x8027...5B7a address has shown an impressive upward trend, with a gain of nearly 200%. Given these details, I see this as a potentially advantageous time to buy, especially if I believe in the growth prospects of Biswap and the decentralized exchange ecosystem. The significant recent price increase might suggest strong bullish momentum, but I should also be cautious of possible overextensions or a short-term rally. It's important to analyze further by reviewing recent market trends, trading volume, project fundamentals, and broader market conditions. Since the market cap is over $12 million, it's considered a relatively small-cap DeFi project, which may offer high growth potential but also higher volatility and risks. In summary, my initial inclination is to buy Biswap, but I would complement this decision with additional technical analysis and risk assessment to confirm its momentum and long-term viability.