## Technical Analysis: BASEDUSDT (4H)


The chart exhibits a clear **bearish market structure** characterized by a series of Lower Highs (LH) and Lower Lows (LL). The prevailing trend is strongly **downward**, heavily validated by the price trading consistently below the MA(7), MA(25), and MA(99) lines, which are all sloping downward and acting as dynamic resistance.
Recent price action shows a minor consolidation near the 24h low, testing immediate horizontal support at **0.08418**. Significant overhead resistance sits at **0.09748** (aligned with the 25 MA) and major structural resistance is up at **0.11999**. Given the steep downtrend, a high-probability spot entry relies on anticipating a short-term relief bounce from the current local support floor.
* **Entry Strategy:** Look for a spot entry at **0.08500**, anticipating a minor technical bounce from the immediate 0.08418 support zone.
* **Stop-Loss (SL):** Placed strictly at **0.08200** (just below the structural 24h low to minimize downside risk if the bearish trend resumes).
### Targets
**TP1:** 0.08874 *(Targeting the immediate 7 MA dynamic resistance)*
**TP2:** 0.09135 *(Targeting the recent 24h high liquidity zone)*
**TP3:** 0.09748 *(Targeting the major 25 MA structural resistance)*
*Not Financial Advice, Do Your Own Research.*
$BASED
BASED-1.76%
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