I feel this is a strong opportunity, and I would consider entering without much hesitation.
$BAS /USDT (1h) — SHORT Bias (Correction Setup) 📉
🔴 Entry Zone: $0.0152 – 0.0163
🛑 Stop Loss: 0.1795
🎯 Targets
TP1: 0.0140
TP2: 0.0125
TP3 (Final): 0.01149
💡 Trade Idea
Parabolic Exhaustion: The price gained over 42% today, but the massive 1-hour red candles indicate that whales are taking profits aggressively.
Structure Break: BAS has broken below the ascending trendline (blue lines), confirming that the short-term bullish momentum has stalled.
Downside Liquidity: Your final target of $0.01149 aligns with the origin of the last major breakout, where buyers are most likely to re-enter.
Strategy: This is a "mean-reversion" trade. If the price fails to reclaim $0.163, expect a steady decline toward the liquidity pocket at $0.0115. Take partial profits at each target to secure gains.
Guys TRADE now 👇👇👇👇👇
