Technical Analysis

BAT Market Structure: 28 January 2026 Trend Analysis

BAT

BAT/USDT

$0.1762
+6.14%
24h Volume

$8,160,058.23

24h H/L

$0.1795 / $0.1654

Change: $0.0141 (8.52%)

Funding Rate

+0.0100%

Longs pay

Data provided by COINOTAG DATALive data
BAT
BAT
Daily

$0.1762

5.83%

Volume (24h): -

Resistance Levels
Resistance 3$0.2109
Resistance 2$0.2002
Resistance 1$0.1861
Price$0.1762
Support 1$0.1711
Support 2$0.1546
Support 3$0.1142
Pivot (PP):$0.173867
Trend:Downtrend
RSI (14):38.0
SC
Sarah Chen
(01:44 PM UTC)
4 min read
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BAT market structure maintains the downtrend; LH/LL pattern dominant, $0.1713 support critical.

Market Structure Overview

BAT token is trading at $0.17 as of January 28, 2026, and is in a clear downtrend from a general market structure perspective. Price action has formed lower highs (LH) and lower lows (LL) in recent weeks, confirming the bearish structure. This indicates in classic market structure analysis that the trend continues south: each new swing high is lower than the previous; each swing low is also lower than the previous. Looking at the multi-timeframe (MTF) structure, 14 strong levels were identified on 1D, 3D, and 1W charts – with 6 supports and 9 resistances, the bearish bias dominates (1D: 2S/5R, 3D: 2S/2R, 1W: 2S/2R). Supertrend is giving a bearish signal ($0.22 resistance), unable to hold above EMA20 ($0.19). RSI at 37.19 is approaching oversold but MACD with a negative histogram does not support momentum. News flow is quiet, awaiting technical breakouts for structural change.

Trend Analysis: Uptrend or Downtrend?

Uptrend Signals

For an uptrend, HH/HL (higher highs/higher lows) pattern condition: Price must break above the recent swing high of $0.1781 (72/100 score) and confirm the $0.1713 swing low as a higher low. The current $0.17 price remains weak for bullish signals as long as it stays below EMA20 ($0.19). Potential bullish BOS (break of structure) by surpassing $0.1943 resistance ($67/100) could initiate CHoCH (change of character) – this invalidates the downtrend and opens the $0.2674 target (25 score). However, no divergence at RSI 37, 24h +2.76% gain evaluated as a temporary bounce.

Downtrend Risk

Downtrend solid with LH/LL: Recent swing high $0.1781 lower than previous; swing low $0.1713 is critical support (76/100). Break below $0.1713 forms new LL, enabling bearish continuation to $0.1546 (74/100). MACD bearish, Supertrend placing resistance at $0.22. Below $0.1713 could direct the structure toward $0.0630 bearish target (4 score). In MTF, 1W structure also dominated by LH/LL, multiple timeframe confirmation required for upside breakout.

Structure Break (BOS) Levels

Bullish BOS: Begins with break of $0.1781 swing high, trend change confirmed with $0.1943 validation. This invalidates the recent LH and initiates HH/HL. Bearish BOS: Close below $0.1713 swing low tests $0.1546 with new LL – becomes bearish CHoCH. Key levels: Support $0.1713/$0.1546, Resistance $0.1781/$0.1943/$0.2282. These levels should be monitored for liquidity sweeps in price action; fakeout risk high. Retest after BOS provides entry confirmation – example: retest above $0.1781 tests buyers.

Swing Points and Importance

Recent Swing Highs

Recent swing high $0.1781 (72/100) acting as resistance – formed LH here, breakout awaited. Upper level $0.1943 (67/100) carries orderblock potential, $0.2282 (64/100) long-term resistance. These highs are ceilings preserving the bearish structure; breakout would be HH signal. Price at $0.17 distant from these levels, short-term bearish bias.

Recent Swing Lows

$0.1713 swing low (76/100) most critical support – monitored for LL pattern confirmation. Lower $0.1546 (74/100), MTF support. These lows are buyers' last lines of defense; break triggers panic selling. Upward retest forming higher low increases bullish hope but currently LL dominant.

Bitcoin Correlation

BTC at $90,172 (+2.58%) but downtrend continues; Supertrend bearish, supports $89,161/$87,768. BAT, highly correlated altcoin with BTC – if BTC fails to break $91,154 resistance, pressure increases on BAT at $0.1781. BTC drop below $89,161 accelerates BAT $0.1713 break. If BTC dominance rises, LH/LL deepens in altcoins; BTC bullish BOS (above $91,154) brings relief for BAT. Key BTC levels: Support $89k, Resistance $91k – BAT traders should monitor BTC structure. Details for BAT Spot Analysis and BAT Futures Analysis.

Structural Outlook and Expectations

BAT structure bearish: LH/LL pattern intact, $0.1713 support hanging. For bullish change, $0.1781 BOS + BTC confirmation required; otherwise drop to $0.1546 likely. Market structure dynamic – swing points, BOS levels provide trade setups. Education note: HH/HL uptrend, LH/LL downtrend; BOS breaks structure, CHoCH changes character. Risk management: Place stop-loss at swing lows. Long-term, await MTF alignment.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

SC
Sarah Chen

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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