$BASED is currently facing significant resistance, with multiple layers of supply proving difficult to break through. The price action shows clear signs of exhaustion as bullish momentum struggles to sustain itself at higher levels At this stage, rejection risk is increasing, and a pullback toward key support zones looks increasingly likely. A retest of lower demand areas could be necessary before any meaningful attempt at a stronger breakout can occur Overall, $BASED remains in a delicate structure — and until resistance is decisively cleared, the probability of a deeper corrective move back to support stays on the table #DailyOrbit #CoinbaseQ1Loss$394M #CoinMoveAlert $BASED