$BAS /USDT SHORT TRADE SETUP 📉
$BAS is currently trading at 0.005897, experiencing a heavy sell-off after failing to hold the 0.007346 level. The price action shows a strong bearish trend with multiple breakdown candles on the 15m timeframe, approaching the recent low of 0.005833.
Target Points
TP1: 0.005700
TP2: 0.005500
TP3: 0.005200
Stop Loss
Set stop loss above 0.006423 to protect against a sudden relief rally.
Market Analysis
The pair is down -27.63% in the last 24 hours. The volume is high, and the momentum is clearly to the downside. Traders should watch for a break below the psychological level of 0.005800 for further confirmation of the bearish trend.
Buy and Trade here on $BAS
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