$BASED USDT SHARP SELL-OFF SHOWING EARLY RELIEF BOUNCE POTENTIAL

Long #BASED USDT

Entry: 0.0670 – 0.0685

SL: 0.0649

TP1: 0.0715

TP2: 0.0738

TP3: 0.0755

After a strong intraday sell-off from the 0.075 region, price flushed liquidity into the 0.0657 zone where aggressive buyers stepped in and created a fast rebound. This area is acting as a short-term demand zone after multiple wicks showed absorption of selling pressure. The current structure suggests a relief bounce as price attempts to reclaim the 0.069–0.071 resistance cluster, which previously acted as intraday support before the breakdown. If momentum continues and liquidity above 0.0716 gets taken, the move could extend toward the 0.0738–0.0755 supply area where the previous distribution began. As long as the 0.065 support holds, the probability favors a continuation bounce toward higher liquidity zones.

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