$BASED – Support foundation established with early recovery momentum building

Trade Setup: Long $BASED

• Entry Zone: 0.064 – 0.066

• Target 1: 0.085
• Target 2: 0.093
• Target 3: 0.105

• Stop Loss: most important

Price action has finally found strong support around the 0.062 to 0.064 area after an extended period of selling pressure, with buyers stepping in aggressively. The recent bounce from the lows suggests sellers are losing control while momentum gradually shifts back toward buyers. Price is now attempting to build a higher base, often the initial phase of a broader recovery move. Provided the 0.060 support zone remains intact, the recovery structure stays healthy and buyers may continue pushing toward higher levels. The next challenge lies in converting this recovery into a sustained uptrend, with holding above support and breaching resistance serving as the key confirmation signals ahead.

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