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Hxlaw
Hxlaw
$BASED is entering a quite important accumulation area after a strong correction from the top of $0.158. The price is currently hovering around $0.094 and is trying to create a higher bottom after bouncing up from the $0.084 support zone — a sign that the selling force has begun to weaken. The remarkable point is: • The price is gradually regaining MA5 and MA10 • Many pull-foot candles appear around the bottom → have absorption force • Volume slightly improved in recovery sessions 📌 Current scenario: • Reference entry: $0.092 – $0.096 • Strong support: $0.084 • Near resistance: $0.105 – $0.11 • If breaking the $0.11 area, BASED can reopen the return wave to $0.12 - $0.13 Although the big trend still needs more confirmation, but the current area is giving a pretty good risk/reward ratio for short-term buy positions. It is important to keep the support of $0.084, because if this area is broken, it is likely to return to a deeper downtrend. The suitable strategy at this time is to buy at support, prioritize tight capital management and avoid FOMO when the price pump is strong.

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