💰$BASED is currently trading around $0.0770, remaining under growing selling pressure as consecutive bearish signals strengthen the downside outlook.

Technical Analysis (4H timeframe):

🔴 The price is trading below short-term moving averages, while the SHORT Sequence 2 signal confirms that sellers are steadily gaining control. Consecutive bearish signals suggest downside momentum is continuing to build.

⚠️ The $0.0785–$0.0800 range acts as immediate resistance. Unless BASED reclaims this zone with strong buying volume, recovery attempts are likely to be met with renewed selling.

📉 Initial support is located around $0.0750–$0.0760. A breakdown below this area could extend the decline toward $0.0725–$0.0735.

Outlook: The short-term bias remains bearish, supported by SHORT Sequence 2 and strengthening selling pressure. A decisive breakout above $0.0800 would weaken the bearish outlook, while staying below resistance keeps the downside scenario in focus.

#Ripple invests in tokenized asset infrastructure #Amazon hits $3 trillion market cap #Kalshi legal battle with New York #CLARITY Act floor action delay