$BASUSDT Momentum wanes after reaching the top, overbought signals and divergence between volume and price indicate a correction is near.


Go short immediately $BASUSDT

Entry: 0.006150 – 0.006220

Stop loss: 0.006250

First target: 0.005761

Second target: 0.005400

Third target: 0.005259

Although the long-term trend remains upward, after reaching a historical high, the upward momentum is clearly weakening. The RSI has entered the overbought zone, while trading volume has significantly shrunk, forming a divergence between volume and price, indicating exhausted buying enthusiasm. This kind of stagnation at the top often signals a deep correction, and sellers are likely to quickly take over, pulling the price back to key moving average support.

Trade $BASUSDT here 👇
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