$BASED is showing bearish continuation after the short liquidation spike near $0.07972. The rapid move into upper liquidity briefly broke resistance, but price failed to sustain acceptance above the breakout zone and quickly rotated from the highs. Current structure reflects weakening bullish strength and rising seller dominance.

EP: $0.07820 – $0.07960

TP1: $0.07600

TP2: $0.07340

TP3: $0.07020

SL: $0.08210

The market structure remains under pressure as repeated rejection from elevated levels confirms strong supply overhead.

Momentum is fading after the squeeze expansion, with reduced continuation strength from buyers.

If $0.08000 continues acting as resistance, price is likely to drift toward lower support and liquidity zones.

$BASED

BASEDBSC
BASEDUSDT
0.07006
+3.21%