🚀 $BAS USDT Potential Reversal Alert with Trade Forecast! Time to Go Long on BAS/USDT Now! 🚀
$BAS USDT is showing classic signs of exhaustion after a brutal -17.7% drop, sitting at ~0.0007068 USDT. The daily chart reveals a sharp downtrend hitting potential support near 0.00070, with RSI(6) at 54.28 and RSI(14) at 51.87 – neutral but climbing from oversold territory. Stochastic %K/%D around mid-50s suggests building bullish momentum, while MACD is flattening with a tiny positive histogram hinting at weakening bearish pressure.
Liquidation data screams shorts in control (L:S Ratio 1.74, Shorts dominating positions at 63.54%), setting up a perfect short squeeze scenario. Volume spiked recently, and the price is coiling for a bounce – this BNB ecosystem gem could be ready to reclaim highs!
Trade Forecast: LONG Entry @ 0.0007060 - 0.0007100
Take Profit: 0.0009420 (recent 24h high, +33%)
Stop Loss: 0.0006930 (-2%)
Risk it for the altseason biscuit – leverage wisely!
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