Update about $BASED

Liquidity Sweep ($$): Price is currently targeting the liquidity sitting above. It is expected to move higher to hunt pending orders and stop losses (buy-side liquidity) before any major reversal.

Fair Value Gap (FVG): There is a clear supply zone marked by an FVG (Green Box) above. This area is likely to act as strong resistance and push the price back down.

Expected Move: After clearing the liquidity, the market is anticipated to tap into the FVG zone, find rejection, and then head lower.

$BASED $HIGH

HIGH
HIGHUSDT
0.2741
-7.89%

BASEDBSC
BASEDUSDT
0.12469
-4.45%