$BAS USDT remains in a constructive uptrend after expanding from 0.00487 demand into the 0.00646 supply high. Price has transitioned into a controlled pullback and is now stabilizing around 0.00615–0.00620, holding above the reclaimed breakout pivot near 0.00595. Structure shows higher lows intact following the impulse leg.
Market Overview:
Intraday bias is bullish while BAS holds above 0.00595. The recent rejection from 0.00646 appears as profit-taking rather than reversal, with buyers defending mid-range support. Compression between 0.0060–0.0064 suggests continuation buildup before another attempt toward 0.0066–0.0069 liquidity. Loss of 0.00595 would weaken momentum and expose 0.0056 demand.
Trade Plan:
EP: 0.00602–0.00618 pullback support zone
TP: 0.00662 first objective, 0.00695 extension
SL: 0.00572 below structure support
Outlook:
Holding above 0.00595 keeps continuation potential active with probability favoring a retest of 0.00646 highs. Acceptance above that level confirms range expansion into upper-0.006s. Failure back below 0.00595 shifts bias into deeper correction. Structure remains bullish with buyers defending reclaimed breakout territory.
