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After its recent strong rally, $BASED is now pulling back toward a key support zone as bullish momentum begins to slow down. The market is showing early signs that bulls may be losing strength after continuously pushing price higher for an extended period
Current rebound attempts look relatively weak and are being quickly capped by selling pressure, reflecting a more cautious market sentiment. The support area below is now becoming extremely important in maintaining the current bullish structure
If bulls fail to defend this zone successfully, $BASED could potentially enter a deeper correction phase to search for a new equilibrium before any meaningful recovery can take place
#DailyOrbit #CoinMoveAlert #MarketOverloadWeek $BASED
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