$BASED 24-hour turnover rate of 108M, but the price has fallen from 0.1106 to 0.0940. Who is accumulating at 0.08 and who is distributing at 0.11, data doesn't lie.

【Trading Plan】Entry range: 0.0920-0.0940 (current price can be lightly tested, not chasing the rally, but supporting the pullback) Stop loss: 0.0880 (must exit if it breaks below the dense trading zone of 0.079-0.088) Take profit: first target 0.1020, second target the previous high of 0.1106.
Position size: within 3% of total funds, don’t go all-in, this is not the bottom but a rebound continuation.
【Logical Support】1. The 24h high of 0.1106 corresponds to a large volume of trades, indicating genuine selling pressure above 0.11. Breaking through requires new funds to continue.
2. Currently, 0.0940 is right at the 0.5 Fibonacci level of the 0.079-0.1106 range. As long as it doesn’t break below 0.0880, there’s still hope.
3. The 108M turnover rate indicates sufficient liquidity, not afraid of being trapped by the market maker’s manipulation.
【Interaction】Poll: Do you think $BASED can surpass the previous high in this rebound? A. Yes B. No I choose A, but only after a second confirmation. 0.0880 is my critical level.
Remember: If 0.0880 breaks, stop loss immediately. Don’t expect to “average down.” Before breaking 0.1106, every rebound is an opportunity to reduce positions, not to add.
No trading outside this plan.