A compelling short setup is emerging for $BASED , with smart money heavily net short and buyers facing significant drawdowns 🔴

Entry: 0.09500 - 0.09800

Target: 0.08800

Target: 0.08200

Target: 0.07500

Stop Loss: 0.10300

This setup aligns with the clear downward path of least resistance, and I'm watching for entries on a pullback to the broken support turned resistance level. The concentrated short positions and buyer drawdowns create a fascinating market dynamic.

Not financial advice. Manage your risk.

#BASED #ShortSetup #CryptocurrencyTrading

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