$BASED pair on the 15m timeframe shows a clear bearish trend, characterized by a series of lower highs and lower lows. After a sharp decline from the 0.12000 level, the price is currently consolidating near a local support floor around 0.10800.



Trade Setup
• Bias: Bearish / Neutral. The short-term momentum is down (-6.45% today), but a relief bounce is possible if the local low holds.
• Setup View: Looking for a rejection at the previous breakdown level (0.11200) or a breakdown below the wick low of 0.10682.
• Entry Zone: $0.11000 - $0.11200 (Short on retest) or $0.10800 (Scalp long).
• Next Targets: $0.10682 (Local Low), $0.10450, and $0.10200.
• Stop Loss: $0.11450 (Above recent consolidation).

Market Note: Despite the 18% drop over the last 7 days, the 30-day performance remains strong at +48%, suggesting this may be a healthy correction of a larger move. Manage risk accordingly.#WCTCTradingKingPK ##FedHoldsRateButDividesDeepen $BASED ‌
BASED-6.42%
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