$BASED Signal】Short squeeze retracement, sniper for secondary surge


$BASED 1H level massive rally followed by retracement, 4H Bollinger Bands just broke above the upper band, price consolidating around 0.135. Market depth imbalance -3.95%, sell orders are thin, capital support is obvious. Negative funding rate -0.2878% but open interest remains stable, bearish holders face ongoing pressure.

🎯Direction: Pullback to go long

⚡Entry/Order: Between 0.10872 - 0.13436, can gradually enter near 0.125 on price retracement.

🛑Stop loss: 0.10010

🚀Target 1: 0.12596

🚀Target 2: 0.13458

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.

1H MACD histogram still expanding, but RSI has fallen from high levels to 62, offering a healthier entry window. 4H EMA20 and EMA50 are golden cross upward, mid-term trend support remains. In this negative funding rate environment, the price's resilience often indicates that short squeeze momentum has not been fully released; retracement is an opportunity. Risk-reward ratio is advantageous within the current range.

View real-time market 👇 $BASED
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