Bullish Continuation Breakout
The Basic Attention Token ($BAT) is showing strong signs of a bullish continuation. After a period of range-bound activity, the price is pushing toward a breakout as market sentiment stabilizes. With the broader market eyeing #BTC100kNext, $BAT is a key altcoin to watch for a sustained move.
⚡ Trade Strategy: BAT/USDT
Entry Zone: 0.1990 – 0.2020 🎯
Bullish Bias: Maintain long as we hold above 0.1975
Risk Management (SL): 0.1925 🛡️
💰 Take Profit Targets
TP1: 0.2150 (Immediate resistance)
TP2: 0.2300 (Mid-term breakout level)
TP3: 0.2480 (Major trend target)
🔍 Market Analysis
Structure: $BAT has formed a solid base around the $0.19 level. The current price action indicates a "breakout and retest" scenario, which is a high-probability entry for trend followers.
Sentiment: The Brave Browser ecosystem continues to grow, providing a fundamental backstop for the token. Technically, the 4-hour chart shows the 50-EMA sloping upward, supporting a bullish outlook.
Outlook: If $BAT can successfully clear and sustain above the $0.2020 mark, it opens the door for a rally toward the higher targets as capital rotates back into utility-driven altcoins.
Nabiha Noor ✍️
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