:
$BAS is sitting at a major decision level on the 4H chart ⚠️
Price is currently pressing into the 0.0075 resistance zone — a level that has rejected price multiple times in the past. You can clearly see previous sharp wicks from this area, which confirms strong supply here.
The positive side:
• Last 3 days show consistent higher highs.
• Strong recovery from 0.0048 bottom
• Momentum gradually building
• Price holding above 0.0068 short-term structure
That tells us bullish pressure is active.
Now the key question is simple — can it break 0.0075 with strength?
If we get a clean 4H close above 0.0075 and price sustains above it, then the path toward 0.0080 opens up naturally. That would confirm a structural shift and continuation.
If rejection happens here, pullback toward 0.0068 support becomes likely. That zone is important. As long as price holds there, bulls still have a chance for another breakout attempt.
However, if 0.0068 fails decisively, the bullish structure weakens and broader bearish trend can resume.
Right now this is pure breakout-or-reject moment. The next few candles will define direction.
Price is currently pressing into the 0.0075 resistance zone — a level that has rejected price multiple times in the past. You can clearly see previous sharp wicks from this area, which confirms strong supply here.
The positive side:
• Last 3 days show consistent higher highs.
• Strong recovery from 0.0048 bottom
• Momentum gradually building
• Price holding above 0.0068 short-term structure
That tells us bullish pressure is active.
Now the key question is simple — can it break 0.0075 with strength?
If we get a clean 4H close above 0.0075 and price sustains above it, then the path toward 0.0080 opens up naturally. That would confirm a structural shift and continuation.
If rejection happens here, pullback toward 0.0068 support becomes likely. That zone is important. As long as price holds there, bulls still have a chance for another breakout attempt.
However, if 0.0068 fails decisively, the bullish structure weakens and broader bearish trend can resume.
Right now this is pure breakout-or-reject moment. The next few candles will define direction.
