$BAS (1h) - Range Rejection Short

Bias: Short

Entry (Zone): 0.01575 - 0.01605

Targets:

TP1: 0.01515

TP2: 0.01465

TP3: 0.01385

Stop Loss: 0.01695

Why this Setup:

I’m still favoring a short while price is rejecting the upper end of the 1D range and struggling to build acceptance above 0.0160. The 1h structure keeps showing lower-high behavior after the recent spike, and I want to fade the move unless I see a clean reclaim of the range high. The downside levels line up with the prior support shelf, so I’m targeting continuation back into the lower part of the range.

BASUSDT

Perp

0.014467

-11.85%