$BAS Long Liquidation Alert!
BAS faced a long liquidation worth $1.6222K at $0.01629, showing that bullish traders got caught in a sharp pullback. This drop might trigger a short-term reset before the market finds stability and builds fresh momentum.
Market Snapshot:
After failing to hold above $0.0168, BAS slipped toward the support zone around $0.0159, where buyers are starting to defend aggressively. A bounce from this area could mark the beginning of a recovery phase.
Key Levels:
Support: $0.0159 – $0.0154
Resistance: $0.0168 – $0.0175
Trend Bias: Cautiously bullish if price reclaims $0.0168
Trading Strategy:
Buy Entry: $0.0158–$0.0161 (on stabilization)
Sell Target: $0.0170–$0.0175
Stop-Loss: Below $0.0153
Next Move: Watch for a decisive move above $0.0168 — that would confirm strength and open the path toward a potential trend reversal. Volume confirmation will be key to validating the next bullish leg.
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