๐ $BAT
/USDT Technical Analysis - Key Levels to Watch ๐
The Basic Attention Token (BAT) has shown impressive bullish momentum recently, with a 14.09% increase in the last 24 hours. Letโs dive into the key support and resistance levels, and set our targets for the upcoming moves.
๐ Current Price: $0.2720
Key Targets for BAT/USDT ๐ฏ
1๏ธโฃ First Target - $0.2757
This level is acting as immediate resistance. A break above this could signal a continuation towards the next resistance zones. Watch for strong buying momentum around this level to confirm the bullish trend.
2๏ธโฃ Second Target - $0.2850
If BAT maintains upward pressure after $0.2757, the next significant target would be around $0.2850, where further resistance could arise. The $0.2850 level is crucial for confirming sustained upward momentum.
3๏ธโฃ Third Target - $0.3000
A breakthrough above $0.2850 could drive BAT towards $0.3000. This would mark a psychological level, and a key point for traders to consider taking profits. Keep an eye on volume for confirmation of a strong breakout!
Support Levels
$0.2381 (Strong Support)
$0.2400 (Intermediate Support)
Trading Strategy
Bullish Trend: If BAT holds above $0.2720 and breaks through $0.2757, we could see a continuation toward $0.2850 and $0.3000.
Bearish Correction: Watch for price action around $0.2400 and $0.2381. A drop below these levels could trigger a correction, so be cautious with longs.
Volume Insights
Volume: The 24h volume has been impressive, reaching 39.93M BAT, signaling strong interest and potential for further upside.
๐ก Pro Tip: Keep an eye on the overall market sentiment and macroeconomic factors. A breakout is more likely with increased trading volume and momentum!
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