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$BAS The rally at high levels appears weak, with selling pressure beginning to accumulate at the top.
Go short immediately $BAS
Entry: 0.00585 – 0.00575
Stop loss: 0.006050
Target 1: 0.00540
Target 2: 0.00500
Target 3: 0.00450
After an astonishing surge, buying momentum has failed to sustain. When the price hits new highs at the top, trading volume significantly diminishes, indicating a severe lack of follow-through buying. The MACD indicator shows a death cross, which is a strong signal that a trend reversal may be imminent. This kind of stagnation at high levels usually suggests that sellers are quietly positioning themselves. Once key support levels are broken, it could trigger a rapid wave of selling pressure.
Trading $BAS opportunities are here 👇