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⚠️ $BASED — Bearish Pressure Increasing After Failed Breakout Attempt
📉 Trade Setup: SHORT (Correction Continuation Bias)
🔹 Entry Zone: 0.09010 – 0.09050
🔹 Stop Loss: 0.09180
🎯 Take Profit Targets:
• TP1: 0.08900
• TP2: 0.08780
• TP3: 0.08620
💰 Potential Profit Range:
From current entry levels →
✔ TP1 ≈ +1%
✔ TP2 ≈ +3%
✔ TP3 ≈ +5%
📊 Technical Analysis:
BASEDUSDT faced strong rejection after reaching the 0.09439 resistance zone, leading to a noticeable shift in short-term momentum. Price action is now trading below MA10 and struggling around MA20 resistance while forming lower highs — a sign that buyers are losing control. Recent recovery attempts showed weak follow-through with increased selling pressure on rebounds, suggesting the market may continue correcting toward lower support areas. Unless price reclaims the 0.09180 resistance region with strong volume, bearish continuation remains the higher probability setup.
⚠️ Smart Trade Tip:
In corrective markets, patience matters. Waiting for weak bounce confirmations near resistance can provide cleaner short entries with stronger risk-to-reward potential.
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