Binance Technical Analysis: $BAT

/USDT

Current Overview:

Price: $0.2504 (+2.37%)

24h High: $0.2592

24h Low: $0.2325

24h Volume: 38.79M BAT

Trading Volume: 9.51M USDT

Moving Averages:

MA(7): 0.2515

MA(25): 0.2495

MA(99): 0.2436

Technical Analysis:

BAT/USDT has been showing bullish momentum in the past 24 hours, with the price increasing by 2.37%. The recent high at $0.2592 indicates strong buyer interest, while support is holding around the $0.2325 level.

Key Levels to Watch:

1. Resistance 1: $0.2540

If BAT breaks this level, the next target could be around $0.2592 (24h High).

2. Resistance 2: $0.2600

A sustained move above this level could push BAT towards $0.2650.

3. Support: $0.2400

Should BAT face downward pressure, $0.2400 offers immediate support, followed by $0.2325 (24h Low).

Bullish Scenario:

Target 1: $0.2540

Target 2: $0.2592

Target 3: $0.2650

With key moving averages supporting the upward momentum, any price break above $0.2540 could pave the way for further gains.

Note: Always conduct thorough research and risk management before making any trades.