$BASED /USDT Analysis: Consolidation Phase 💎
The chart shows BASED is currently stabilizing after a massive spike to $0.169. It’s holding steady around the $0.121 mark, forming a tight consolidation range.
The Strategy:
Entry Zone: $0.115 – $0.122 (Current support)
Target 1: $0.140 (Immediate resistance)
Target 2: $0.169 (Previous peak)
Stop Loss: $0.105 (Below the recent swing low)
Key Insight: The volume has cooled down significantly, which often precedes the next big move. If it holds this support level, we could see a secondary pump back toward the highs.
#BASED #Crypto #SmartMoney #AltcoinSeason #Moonshot
The chart shows BASED is currently stabilizing after a massive spike to $0.169. It’s holding steady around the $0.121 mark, forming a tight consolidation range.
The Strategy:
Entry Zone: $0.115 – $0.122 (Current support)
Target 1: $0.140 (Immediate resistance)
Target 2: $0.169 (Previous peak)
Stop Loss: $0.105 (Below the recent swing low)
Key Insight: The volume has cooled down significantly, which often precedes the next big move. If it holds this support level, we could see a secondary pump back toward the highs.
#BASED #Crypto #SmartMoney #AltcoinSeason #Moonshot