$BAS /USDT
After a strong upward move, price is facing rejection at a resistance zone, increasing the probability of a short-term pullback.
Entry: 0.00690 – 0.00705
Stop Loss: 0.00735
Take Profit 1: 0.00645
Take Profit 2: 0.00610
Take Profit 3: 0.00570
Reason:
Price rallied sharply into a horizontal resistance area and is showing rejection wicks. If volume weakens, a corrective move downward is likely. Always use proper risk management and keep the stop loss in place.
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