$BAS - Rejection after a sharp rise, the momentum is fading

Short Trading Plan $BAS (max 10x)

Entry: 0.0087 – 0.0091

SL: 0.0103

TP1: 0.0076

TP2: 0.0066

TP3: 0.0056

The rebound managed to continue the rise, but the movement is starting to fade in this zone. Buyers tried to keep pushing, although further advancement is weakening, and the structure is becoming more uneven. Instead of continuing to rise, the price begins to stall at the resistance level, and when the momentum cools down, it often leads to a correction as sellers return.

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BASUSDT

Perp

0.007856

-8.47%