BASED is ripping through the 2-minute chart, eyes locked on the next swing low. The momentum is screaming a short entry before the next liquidity grab.
š“ $BASED SHORT š
Entry $0.053187-$0.053293 | SL $0.054837 (-3.0%) | TP1 $0.052441 (+1.5%) | TP2 $0.050578 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH broke lower, confirmed by a surge in CVD, while a fresh FVG lines up with the OB right at the swing high. A liquidity sweep hammered the area and the POI confluence of OB-FVG overlap locks the bias. Structure now shows a clean downtrend ready for a 1.7āÆR payoff.
A 3āÆ% stop is pretty tight, so stick to 5-10Ć leverage to keep risk in check.
Scale out half at TP1 to bank the early profit.
As always: manage your risk, this is not financial advice š
$BASED #BASEDUSDT #CPIWatch #TradingSignals #Write2Earn
š“ $BASED SHORT š
Entry $0.053187-$0.053293 | SL $0.054837 (-3.0%) | TP1 $0.052441 (+1.5%) | TP2 $0.050578 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH broke lower, confirmed by a surge in CVD, while a fresh FVG lines up with the OB right at the swing high. A liquidity sweep hammered the area and the POI confluence of OB-FVG overlap locks the bias. Structure now shows a clean downtrend ready for a 1.7āÆR payoff.
A 3āÆ% stop is pretty tight, so stick to 5-10Ć leverage to keep risk in check.
Scale out half at TP1 to bank the early profit.
As always: manage your risk, this is not financial advice š
$BASED #BASEDUSDT #CPIWatch #TradingSignals #Write2Earn