$BAS / USDT — Strong reversal from the lows, Bull continuation setup

BAS is trading around 0.00630 after a sharp reversal from the demand zone 0.0048–0.0050. The price showed a strong impulsive move and is now consolidating above the key level of 0.0060, indicating that buyers are defending the breakout. The structure has shifted towards a bullish trend with higher highs and higher lows on the short-term timeframe.

Entry Zone:

0.00600 – 0.00635

Targets:

TP1: 0.00680

TP2: 0.00740

TP3: 0.00820

Stop Loss:

Below 0.00560

Bullish sentiment remains valid as long as the price holds above 0.0060. Prolonged consolidation above this level may lead to another upward expansion.

$BAS

BASUSDT

Perp

0.005862

+18.66%