Reviewing the chart I shared with you of $BAS , I want us to talk about what the market really teaches us, without complicating ourselves.
Look at the history of this coin. It came from an intense drop, one that makes anyone doubt. But, right at the zone of 0.004774 (the minimum of the day), the chart shouted at us: "There's a floor here!" 😅
What happened? We saw a giant volume and an enormous green candle that broke all the bearish inertia. The price skyrocketed almost +60% in a short time.
True traders do not buy fear or euphoria; they buy the context.
⚠️ The Golden Advice for the Next Entry
Pay close attention to this, as it is the most important: The 15-minute chart (15m) is very manipulable.
In such short timeframes, the price jumps and retraces due to any news or large order. The movements are "noise" that can make you enter late or exit too early.
💡It is preferable to use longer timeframes (like 4H or 1D). These charts filter out the noise and show you the true trend of the asset.
Do not chase the current candle. If the price has already risen this much (it's close to 0.0086), it is much safer to wait for a pullback or a consolidation that offers you a lower risk entry point. Patience pays better than impulsiveness!
🚨 This is just an analysis for educational purposes. The futures market is high risk. Each operation is your responsibility.
What do you think? Has BAS/USDT already found a new solid support or are we just seeing a bounce before continuing to fall? I’m reading you! 👇
