$BAS : Waking Up from a Slumber – A Cautiously Bullish Outlook
My Play on $BAS: Cautiously Bullish
Best Entry Zone: A small pullback near 0.00355 – 0.00365
Stop-Loss (SL): Below 0.00322
Targets:
First Target: 0.00395
Next Target: 0.00430 (if momentum continues)
Analysis and Strategy
While $BAS has already seen a notable +13% move, this is not a coin to chase aggressively. Instead, the strategy here focuses on buying dips. The market is in an early structural phase, meaning that patient accumulation on pullbacks within the defined entry zone offers a more favorable risk-reward profile.
The key to this play is the sustained formation of a base above support. If this structure holds, and especially if volume expands on subsequent upward pushes, BAS has the potential for a smooth grind higher. The stop-loss is strategically placed below 0.00322 to invalidate the bullish thesis if key support breaks down.
Risk Management is Key: As with any early-stage recovery, volatility can be expected. Traders are advised to manage their risk diligently and adhere strictly to their stop-loss.
Analysis By @SaleeM_MeYo
#bas #CryptoTrading #MarketRecovery #Bullish #TechnicalAnalysis