BAS is gearing up for a significant move, with a clear break of market structure sparking interest in a long position. The current price action is setting up for a potential rally, with key levels coming into play.

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🟢 BAS LONG 📈

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📍 Entry Range: $0.024008 – $0.024056

🛑 Stop Loss: $0.023311 (-3.0%)

🎯 TP1: $0.024392 (+1.5%)

🏆 TP2: $0.025234 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 84%

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The combination of a CHoCH break, FVG, and OB, all converging at a point of confluence, makes this zone particularly compelling for a BAS long setup. This structure suggests a market that's ready to reclaim lost ground, with the overlap of these signals indicating a high probability of a meaningful push upwards. The POI confluence adds an extra layer of conviction to this trade idea.

A 3.0% stop loss may seem tight, but given the volatility of BAS, it's manageable with the right leverage, potentially allowing for a 2-3x leverage to maximize returns while keeping risk in check.

Taking partial profits at the first target point could be a prudent move, allowing traders to capitalize on some of the gains while letting the remainder of the position ride out the potential for further upside.

Not financial advice — always manage your own risk 🙏

#BASUSDT $BAS #SMC #Write2Earn #Binance