SHORT $BAS ON RETRACE WITH DEATH CROSS CONFIRMATION 🔥
Entry: 0.03581 🔥
Target: 0.03133 🚀
Stop Loss: 0.03878 ⚠️
Declining volume on this rally signals distribution — the EMA20 has crossed below the EMA50, forming a classic death cross on the daily. Price is currently testing resistance at the 50-period moving average around 0.036, where sellers have stepped in before. The RSI sits at 53.7, leaving plenty of room for downside momentum.
Volume is contracting as price inches higher, which is the textbook tell of a weak bounce. Are you watching the same supply zone at 0.036?
Not financial advice. Always manage your risk.
#BAS #ShortSetup #DeathCross #Distribution #Crypto
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Entry: 0.03581 🔥
Target: 0.03133 🚀
Stop Loss: 0.03878 ⚠️
Declining volume on this rally signals distribution — the EMA20 has crossed below the EMA50, forming a classic death cross on the daily. Price is currently testing resistance at the 50-period moving average around 0.036, where sellers have stepped in before. The RSI sits at 53.7, leaving plenty of room for downside momentum.
Volume is contracting as price inches higher, which is the textbook tell of a weak bounce. Are you watching the same supply zone at 0.036?
Not financial advice. Always manage your risk.
#BAS #ShortSetup #DeathCross #Distribution #Crypto
⚡