Technical Analysis: $BASED has successfully formed and broken out of a classic Ascending Triangle pattern on the 15-minute timeframe. The price managed to flip the horizontal resistance into support, signaling a strong continuation of the current uptrend. With bullish momentum building, we are looking at a clear path toward the upper targets.
📈 Long Trade Details: Entry Zone: CMP (Entry on breakout/retest) Stop Loss (SL): $0.1120 (Below the ascending support line) Leverage: 3x - 5x (Manage your risk effectively) 🎯 Take Profit (TP) Targets: TP1: $0.1197 TP2: $0.1234
💡 Strategy Tip: This pattern is a high-probability trend continuation signal. Once the price hits TP1, move your Stop Loss to Break-even to secure a risk-free trade while aiming for the final target at TP2. Is BASED ady to fly higher or will it retest the zone? Share your thoughts below! 👇
TRADE $BASED HERE👇
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