$BAS | Long Liquidation at $0.00589
$BAS underwent an aggressive long liquidation at $0.00589, a classic capitulation signal in a low-liquidity environment. This flush was driven primarily by emotional liquidation rather than structural deterioration, a pattern frequently observed near short-term exhaustion points.
Despite elevated volatility, such liquidation events often precede sharp mean-reversion moves, provided price establishes a stable base above the lows.
EP: $0.00575 – $0.00590
TP 1: $0.00655
TP 2: $0.00760
TP 3: $0.00910
SL: $0.00530
A sustained base above $0.0056 materially increases rebound probability.
BASUSDT
Perp
0.004183
+4.10%