🔴 $BASED REJECTS HEAVY SUPPLY AS INSTITUTIONAL DISTRIBUTION LOCKS IN DOWNSIDE TARGETS 📉

Entry: 0.0693 - 0.0740 ⚡
Target: 0.0640 - 0.0510 🎯
Stop Loss: 0.0785 ⚠️

Bearish order flow continues to pin $BASED beneath key overhead supply, with smart money sitting on over 73% profit from the 0.0793 level. 📊 This sustained sell-side pressure indicates heavy institutional distribution within the current range.

Clean structural rejections off the supply block reinforce downside momentum as sellers actively absorb bid liquidity. 🔍 As long as price remains capped below invalidation, the path of least resistance points toward lower liquidity pools. 💬 Are you shorting this supply defense or waiting for confirmation below key support? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BASED #ShortSetup #Bearish #MarketStructure #Crypto

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