$BASED — Short liquidation spike, potential local top formation

Rejection seen near $0.13 resistance after short squeeze.

Short $BASED

Entry: $0.125 – $0.129

Stop Loss: $0.134

TP1: $0.118

TP2: $0.112

TP3: $0.105

Short liquidations often fuel temporary upside before reversal. Price is showing rejection wicks at resistance, signaling weakening bullish momentum. Structure looks overextended with potential for mean reversion. If sellers step in, downside liquidity could be targeted next.

Trade $BASED here 👇

BASEDBSC
BASEDUSDT
0.13385
+9.21%

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