After losing 30% in a single day,
$BAS still has not found buyers willing to defend an apartment.
Trading Plan:
Entry: 0.0325 โ 0.0345
SL: 0.0390
TP1: 0.0280
TP2: 0.0248
TP3: 0.0230
Why this setup?
โข The 4H structure shows a clear bearish trend, with the price breaking below the Bollinger mean (0.0356) and the 0.0353 support.
โข The RSI(6) at 31 shows weak momentum but without extreme seller exhaustion, leaving room for the fall to continue.
โข The entry zone corresponds to a retest of the former support area, now resistance, after the bearish breakdown.
โข The SL is placed above the structural resistance at 0.039, outside the noise of the latest candles.
โข In 90 days, BAS accumulates +428%, so this pullback is still within a larger underlying trend.
Is it just profit-taking after the 90-day rally, or the start of a deeper correction?
Click here to Trade ๐
#basedAI #AnalisisTecnico #trading #Crypto