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BAT Coin Price Analysis! Area That Needs to Be Broken for an Upsurge!

  • BAT coin has experienced a 20% increase in the last 4 days.
  • Will BAT price continue to rise?
  • Will BAT break the critical resistance level of $0.30?
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Will BAT coin continue its upward movement? Long and short areas for traders in BAT coin! Current BAT analysis!

Short-Term BAT Coin Price Analysis!

 

When we examine the BAT price chart, we see that it has experienced a downward movement due to sales from the important resistance area of $0.29 in a short period of time.

If the BAT price cannot make 2H candlestick closures above the $0.29 level according to the 2-hour candlestick chart structure, it can continue its downward movement towards the important support area of $0.26.

The analysis that needs to be followed for BAT has been shared with you above. If the BAT coin price returns to the gray area mentioned in the analysis, short confirmations can be sought with a stop at the $0.2936 level.

If the BAT price reaches the support area mentioned in the analysis, which is in the range of $0.261-$0.253, long confirmations can be sought from this area.

If Basic Attention (BAT) holds onto the $0.25 support, it can start an upward trend towards the $0.30 regions again.

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Lucien Renard
Lucien Renardhttps://en.coinotag.com/
Lucien Renard is a 24-year-old writer specializing in cryptocurrency analysis and price action. With a focus on technical analysis, Lucien provides valuable insights into market trends and potential opportunities for investors.
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