$BASED Bearish pullback watch
BASED retreats after rejection at $0.05689 — is $0.05000 the next target?
Entry: $0.05450–$0.05500
Target 1: $0.05350
Target 2: $0.05000
Stop loss: $0.05750
Analysis: BASED faced a sharp rejection at $0.05689, triggering a strong sell-off on the 15-minute timeframe. With weekly performance down 19.68% and losses over 90 days at 40.81%, the overall trend remains weak. A confirmed 15-minute close below $0.05350 could expose the $0.05000 level. Reclaiming $0.05500 would weaken the bearish setup.
If the price breaks below $0.05350, $0.05000 could be the next target. Watch for a move lower.
Manage risk carefully.
Trade here👇
$ZEC
$AGT
BASED retreats after rejection at $0.05689 — is $0.05000 the next target?
Entry: $0.05450–$0.05500
Target 1: $0.05350
Target 2: $0.05000
Stop loss: $0.05750
Analysis: BASED faced a sharp rejection at $0.05689, triggering a strong sell-off on the 15-minute timeframe. With weekly performance down 19.68% and losses over 90 days at 40.81%, the overall trend remains weak. A confirmed 15-minute close below $0.05350 could expose the $0.05000 level. Reclaiming $0.05500 would weaken the bearish setup.
If the price breaks below $0.05350, $0.05000 could be the next target. Watch for a move lower.
Manage risk carefully.
Trade here👇
$ZEC
$AGT