$BAS Base Formation → Early Trend Reversal Setup
Long $BAS
Entry Zone: 0.00355 – 0.00365
Stop-Loss: 0.00322
Take Profits:
🎯 TP1: 0.00395
🎯 TP2: 0.00430
🎯 TP3: 0.00465
Trade Management:
• Avoid chasing strength after sharp green candles
• Best fills come on shallow pullbacks into support
• Risk stays invalidated if price loses the base
Market Structure Insight:
After an extended downtrend, $BAS printed a clear reaction from the lows with strong demand absorption. Price is now holding above the reclaimed support zone, suggesting sellers are losing control. The recent consolidation looks more like base-building rather than distribution. As long as higher lows continue and volume gradually increases on pushes, upside continuation remains favored. A clean break and hold above 0.00395 would open the door for a smooth grind toward higher targets.
⚠️ Patience is key — this is a structure play, not a momentum chase.
👉 Buy dips, protect downside, let the trade work.
Click below to take the trade 👇
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