$BASED $0.0500 NEXT???
$BASED faced rejection near $0.0549 and is now pulling back. I'm watching for a break below $0.0520, which could open the way toward lower support levels.
Entry: $0.0528–$0.0535
TP1: $0.0520
TP2: $0.0505
TP3: $0.0490
SL: $0.0552
My bias is bearish in the short term, but a move back above $0.0549 would weaken this setup.
Will sellers take control from here?
$BASED faced rejection near $0.0549 and is now pulling back. I'm watching for a break below $0.0520, which could open the way toward lower support levels.
Entry: $0.0528–$0.0535
TP1: $0.0520
TP2: $0.0505
TP3: $0.0490
SL: $0.0552
My bias is bearish in the short term, but a move back above $0.0549 would weaken this setup.
Will sellers take control from here?