$BAT /USDT – 4H Chart Analysis
Market Structure:
BAT has completed a strong impulsive move to the upside after forming a base near the lows. Price is currently pulling back after rejecting the local high around 0.26, indicating a healthy correction within an overall short-term bullish structure.
Key Resistance Zone:
0.255 – 0.262
This zone acted as strong resistance and caused the recent rejection. A clean break and close above this area would confirm bullish continuation.
Key Support Zone:
0.215 – 0.220
This is a critical demand area and aligns with the current price region. Holding above this zone keeps the bullish structure intact.
📌 Trade Setup (Bullish Continuation – Preferred)
Entry Range:
0.215 – 0.222
Targets:
TP1: 0.240
TP2: 0.255
TP3: 0.275
TP4: 0.300 (extended target if momentum accelerates)
Stop Loss:
Below 0.205
Risk–Reward:
Favorable RR if price holds above support and confirms continuation.
⚠️ Bearish Scenario (Invalidation)
If price loses and closes below 0.205 on 4H, the bullish setup will be invalidated, and BAT may revisit lower demand zones around 0.195 – 0.185 before any meaningful recovery.
Overall Outlook:
Bias remains bullish as long as 0.215 support holds. The current pullback looks corrective, not a trend reversal. Patience is key — wait for confirmation from the support zone before entering.#BinanceBlockchainWeek #WriteToEarnUpgrade #CPIWatch buy and trade here on $BAT
