$BASED showing a fascinating setup right now
Despite a 5.5% price increase, the long ratio sits at just 13.98%. 98 whale shorts are holding $378K in profit from higher entries.
Entry: Current market 🔥
Stop Loss: Below recent swing low 🛡️
The whale data here tells a real story. Heavy short positioning with price still pushing up creates a potential squeeze scenario. But that low long ratio also shows retail isnt piling in yet, which can mean more room to run if momentum holds.
Not financial advice. Manage your risk.
#BASED #Altcoins #CryptoAnalysis #WhaleWatch
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