$BAS Long liquidations at $0.0075 confirm that late buyers were forced out at a local high. Price trading below this level shows clear rejection, turning it into a strong supply zone. The structure reflects continued weakness with no solid reclaim of that area.
EP: $0.00720 - $0.00745
TP: $0.00680
TP: $0.00630
TP: $0.00590
SL: $0.00775
Trend remains bearish with consistent lower highs forming after the liquidity event. Momentum is weak as upside attempts fail to sustain above the liquidation zone. With trapped buyers above $0.0075, price is likely to continue lower toward deeper support and demand levels.
BASUSDT
Perp
0.007247
-8.04%
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