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BAT/USDT Technical Analysis
Basic Attention Token has been performing well recently. It has broken through multiple key moving averages, and the RSI indicator also shows strong momentum, indicating an upward trend in the short term. However, there is a concern: in the long run, BAT still has considerable room below its historical high, which means the sustainability of the recovery depends on how subsequent support and resistance levels perform.
In the short term, the trend is somewhat positive, but do not be fooled by this upward momentum—pay close attention to whether it can break through key resistance levels, and also monitor if trading volume can keep up. If it’s just a false breakout, a pullback could happen quickly.