$BAS is pressing back into the 0.052-0.055 resistance zone after building a higher-low structure from the recent correction. Buyers have steadily absorbed every dip, and the current move is testing the range highs once again. RSI has crossed into the overbought region, showing momentum is strengthening as price approaches breakout territory.
Setup:
Entry: $0.0515 - $0.0522
Target 1: $0.0555
Target 2: $0.0590
Target 3: $0.0630
Stop-loss: $0.0485
A clean close above $0.0554 would confirm a range breakout and open room for another expansion leg. As long as higher lows continue to hold, the structure remains bullish. Watch for volume to increase on the breakout, as that would strengthen the probability of continuation.
Trade #bas here
$TAC $RE
Setup:
Entry: $0.0515 - $0.0522
Target 1: $0.0555
Target 2: $0.0590
Target 3: $0.0630
Stop-loss: $0.0485
A clean close above $0.0554 would confirm a range breakout and open room for another expansion leg. As long as higher lows continue to hold, the structure remains bullish. Watch for volume to increase on the breakout, as that would strengthen the probability of continuation.
Trade #bas here
$TAC $RE