$BAS is breakdown through support.
SHORT $BAS
Entry: 0.0514 - 0.0525
S.L: 0.0560
TP 1: 0.0480
TP 2: 0.0450
Full tp: 0.0435
Thesis:
$BAS showing heavy rejection after testing the recent high and breaking down from key resistance zone. Price currently trading near 0.051498 with bearish momentum building, confirmed by the rejection from upper levels. Next major support sits at lower demand area with volume supporting the downtrend.
SHORT $BAS
Entry: 0.0514 - 0.0525
S.L: 0.0560
TP 1: 0.0480
TP 2: 0.0450
Full tp: 0.0435
Thesis:
$BAS showing heavy rejection after testing the recent high and breaking down from key resistance zone. Price currently trading near 0.051498 with bearish momentum building, confirmed by the rejection from upper levels. Next major support sits at lower demand area with volume supporting the downtrend.