$BAS saw long liquidations around 0.04754, forcing weak buyers out and sending price into a key reaction zone. Sellers remain in control for now, but the decline is slowing. On the 15m chart, price is trying to build a base, while the 5m timeframe shows reduced selling pressure and early signs of liquidity absorption. A confirmed bounce could shift short-term momentum.

Entry Point
0.0475 – 0.0482

Target Point
TP1: 0.0495
TP2: 0.0510
TP3: 0.0530

Stop Loss
0.0466

This setup depends on buyers defending the current support area. If volume improves and candles continue printing higher lows, the recent liquidation flush could turn into a relief move toward nearby resistance.

$BAS