#BASED – Range short with tight invalidation
Short bias on $BASED in the upper band
Entry: 0.062 – 0.064
SL: 0.067
TP1: 0.060
TP2: 0.0585
TP3: 0.056
BASED is more range‑bound than trending, with RSI around 50–53 and price hugging the pivot. This lends itself to small mean‑reversion shorts at the top of the micro‑range with tight SL rather than big “trend reversal” expectations.