$BAS
USDT on the 1h chart still looks constructive, but momentum has cooled after rejection from 0.012864.
Price is around 0.011846, sitting just above MA7 at 0.011805, above MA25 at 0.011570, and clearly above MA99 at 0.010639. That means the hourly structure remains bullish overall after the strong recovery from 0.007975. The important detail is that price did not collapse after the spike high. It has been holding in a tight range, which looks more like consolidation than breakdown.
Immediate support sits around 0.01180–0.01157. Deeper support is near 0.01096, then 0.01064. On the upside, bulls need to reclaim 0.01203 first and then retest 0.01286. As long as price stays above the MA7/MA25 zone, this still looks like a bullish structure in consolidation rather than a bearish reversal.
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