📈 *Important Update for $BAS
* 📊
$BAS shows stability after a healthy correction and absorption of selling pressure. The price maintains stability above the main daily support area, indicating a potential start of a bullish reversal. Sellers attempted to push the price down, but the follow-through was weak, reinforcing the likelihood of a bullish reversal.
_Trading Setup_:
- _Buy Entry Point_: 0.0070 – 0.0072 USD 📍
- _Stop Loss_: 0.0058 USD ⚠️
- _Take Profit Targets_:
- _Target 1_: 0.0085 USD 🚀
- _Target 2_: 0.0097 USD 📈
- _Target 3_: 0.0108 USD 💥
_Technical Analysis_:
- _Bullish Momentum_: $BAS shows stability with a likelihood of a bullish reversal 🔄.
- _Bullish Continuation_: As long as the price remains above the current demand area, bullishness is expected with a possibility of upward movement towards the previous rejection area 📈.
The currency shows potential for upward movement with a likelihood of bullish action 🚀.