🚀 $BASED — explosive impulse with liquidity sweep and continuation potential
BASED is trading around $0.12077, posting a massive +61.64% gain after a sharp impulse expansion from the $0.09457 demand base. Price action shows a vertical breakout with aggressive buyer dominance, confirming a strong momentum-driven rally. 📈🔥
The move extended up to $0.16996, where price likely swept liquidity and faced strong rejection, forming a long upper wick — a sign of profit-taking and short-term exhaustion. However, the current pullback appears controlled, suggesting a healthy retracement rather than trend reversal.
On the 1H timeframe, BASED is holding structure above the breakout zone, indicating buyers are still in control despite volatility.
📊 Support: $0.10700 – $0.09450 (key demand & impulse origin zone)
🎯 Targets:
Target 1: $0.14050 🥇
Target 2: $0.16996 🥈
Target 3: $0.18500+ 🥉
🔥 BASED is showing a high-volatility impulse setup with continuation potential. If price holds above support and reclaims momentum, the next leg could attack higher liquidity zones and extend the bullish structure further.
Trade #BASED here
