📈 $BAS Analysis: Strong Bullish Trend! Next Target 0.0076? 🚀
$BAS is showing impressive momentum on the 4H chart! The price has surged to 0.006061 (+22%), confirming a strong shift in market sentiment.
🔍 Technical Outlook:
Bullish Alignment: The price is trading well above all major EMAs (7, 25, 99). The EMA 7 (Yellow Line) at 0.0057 is acting as immediate support, pushing the price upward.
Volume: We are seeing healthy volume supporting this move, indicating genuine buyer interest.
Resistance: The next major hurdle is the previous swing high at 0.007600. If we hold above 0.0058, a retest of the high is very likely.
📊 Trade Setup (Long):
🟢 Entry Zone: 0.00580 - 0.00605 (Buy the retest)
🎯 Target 1: 0.00650 (Local High)
🎯 Target 2: 0.00760 (Major Resistance) 🚀
🛑 Stop Loss: 0.00540 (Below EMA 25)
The trend is your friend here. Wait for a small pullback or enter now with proper risk management! 🛡️
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