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.
BAT7.01%
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FalseProfitProphetvip
· 3h ago
BAT this rebound is indeed a bit tempting, but if the trading volume can't keep up... it's definitely a false breakout. --- It's the same "looks good but not necessarily" saying again. I just want to ask how much longer we have to wait. --- RSI is strong? But we should wait until it truly stabilizes before saying that. It's too early to praise it now. --- It's so far from the historical high; what does this recovery really mean? Better to stay on the sidelines. --- If the key resistance level can't be broken, it will immediately fall. I've seen this kind of market many times. --- The issue of trading volume is indeed a trap. I never chase breakouts with low volume.
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ForkThisDAOvip
· 3h ago
Once again, it's the same fake breakout trick. I've seen too many of BAT's moves; it rises for a couple of days and then pulls back. RSI strong? Okay, but it has to wait for trading volume to confirm. BAT is still far from its historical high; don't be fooled by the short-term candlesticks. I'm just waiting to see how it "corrects." Now I have to watch resistance levels and trading volume. Sounds good, but in the end, you still have to cut your losses yourself. Is this kind of technical analysis interesting? BAT should have found a new story by now.
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MondayYoloFridayCryvip
· 3h ago
I think the probability of a false breakout is quite high. If the trading volume hasn't kept up, don't expect a surge.
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MetaMaximalistvip
· 3h ago
ngl the volume story here is what actually matters... everyone fixates on RSI bounces but nobody's asking if real capital is behind this move or if it's just retail fomo again
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ImpermanentPhilosophervip
· 3h ago
Fake breakout attempts are back again. If the trading volume isn't convincing, this rebound will be pointless.
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