📉 $BAS Short Position
Trading Plan (Short)
• Entry: $0.00635 – $0.00653
• Stop Loss (SL): $0.00670
• Take Profit (TP):
• TP1: $0.00600
• TP2: $0.00549
• TP3: $0.00490 (further out: $0.00431 → $0.00386)
Important Resistance / Support
• Resistance (shorting zone): $0.00635–$0.00653 (24h high)
• Support: $0.00600 → $0.00549 → $0.00490 → $0.00431 → $0.00386 (24h low)
Indicators
• RSI(12) ~78.35 | RSI(24) ~75.77 → strongly overbought, likely to see a sell-off/correction.
• Positive MACD → trend remains bullish, so this is a short pullback (mean-reversion) ⇒ must maintain SL discipline.
Scenario
• If it does not exceed $0.00635–$0.00653 → prioritize falling to TP1 → TP2 → TP3.
• If it breaks & holds above $0.00653 (especially exceeds $0.00670) → short position is incorrect.
