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Saudien95
Saudien95
📊 $BASED is beginning to show signs of stabilization after an extended decline from the 0.082 resistance region. Following weeks of selling pressure, price action has started to consolidate within a tighter range, while buyers continue defending the key support area between 0.0667 and 0.0680. The ability to hold above the recent swing low suggests a potential short-term base may be forming. 🎯 Trade Setup 📍 Entry Zone: 0.0678 – 0.0685 🛑 Stop Loss: 0.0663 ✅ TP1: 0.0705 ✅ TP2: 0.0725 ✅ TP3: 0.0750 Recent downside momentum appears to be slowing, with the market transitioning from aggressive selling into consolidation rather than continuing to print new lows. 🧠 While the broader trend remains cautious, this shift may indicate that bearish pressure is gradually weakening. The first key confirmation level remains 0.0705. A successful breakout and hold above that zone could strengthen bullish momentum and open the path toward 0.0725 and potentially 0.0750. However, risk remains elevated. ⚠️ A breakdown below 0.0667 would invalidate the rebound setup and increase the likelihood of another leg lower. Current outlook: 📈 Support holding near 0.0667 📈 Consolidation replacing aggressive selling 📈 Potential oversold bounce developing 📈 Stronger confirmation above 0.0705 As long as buyers defend support, the recovery scenario remains valid. A loss of that level would shift control back to sellers. #CFTCOpensBitcoinPerps #HYPEBreaksATHAgain #ICEBacksOKXOilPerps

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