$BASED $BASED 2h Price Chart Analysis
- The current sideways action suggests accumulation or distribution is underway. If price manipulates below 0.09064 and shows a sharp reversal (especially with bullish candles on lower timeframes), I expect a move up first to 0.09800 and potentially 0.10257. Entry could be around 0.09100–0.09070 after a reversal, targeting 0.09800 and 0.10257, with stop-loss at the swing low.
- Conversely, if the price spikes up to sweep liquidity above 0.09800 or 0.10257 and then gets rejected, a short entry can be considered targeting 0.09064 and 0.08515, stop-loss above the swing high.
- Confirm your entry with a clear price action signal: watch for pin bars, engulfing candles, or a structure break on a lower timeframe at your trigger zone.
- My bias will shift bullish if there’s a strong breakout above 0.10567 with volume and successful retest; I’ll expect a move toward the most recent high of 0.13830. If there’s a breakdown below 0.08515 with bearish momentum, then a move toward 0.07447 and even 0.06383 is likely.
🚨 Get free AI trade signals before the move starts.
Join Finora AI → tinyurl.com/FinoraBot
#BASED