$BAS pulled back into the 0.03897 support zone after a wave of long liquidations cleared overleveraged positions. Buyers reacted near this level, preventing a deeper decline and showing that demand is still active around support.
On the 15m chart, price is forming a stable base with reduced selling pressure. Recent candles suggest liquidity absorption, and higher lows are beginning to appear, signaling that bullish momentum could return if resistance is reclaimed.
Entry Point
0.0391 - 0.0396
Target Point
TP1: 0.0408
TP2: 0.0422
TP3: 0.0440
Stop Loss
0.0383
This setup can work if buyers continue defending the support zone and volume increases on the next push higher. A strong candle close above the recent resistance would confirm the momentum shift and improve the chances of reaching the targets.
$BAS
On the 15m chart, price is forming a stable base with reduced selling pressure. Recent candles suggest liquidity absorption, and higher lows are beginning to appear, signaling that bullish momentum could return if resistance is reclaimed.
Entry Point
0.0391 - 0.0396
Target Point
TP1: 0.0408
TP2: 0.0422
TP3: 0.0440
Stop Loss
0.0383
This setup can work if buyers continue defending the support zone and volume increases on the next push higher. A strong candle close above the recent resistance would confirm the momentum shift and improve the chances of reaching the targets.
$BAS