The post BAT Technical Analysis Jan 24 appeared on BitcoinEthereumNews.com.

BAT is consolidating at the $0.18 level in a weakening downtrend. Although there is an attempt to hold nearby supports, RSI at 38 shows negative momentum and BTC correlation poses a risk; the bearish scenario predominates. Executive Summary BAT token faced a $0.18 level with a %3.10 decline as of January 24, 2026. The main trend is downward; Supertrend gives a bearish signal and price is below EMA20 ($0.20). RSI at 38.33 is near oversold but MACD with negative histogram does not support momentum. Critical supports are $0.1828 and $0.1585, while resistance is $0.1861. Volume is mediocre at $11.08M; BTC’s downtrend may create pressure on altcoins. Risk/reward ratio is unfavorable for bearish targets ($0.063); bullish $0.2706 is distant. A cautious approach is recommended; follow spot and BAT Spot Analysis or BAT Futures Analysis. Market Structure and Trend Status Current Trend Analysis BAT’s overall market structure reflects a clear downtrend. On the daily chart, multiple downward waves from highs around $0.23 were observed; in the last 24 hours, there is contraction in the $0.19-$0.18 range. The Supertrend indicator is in bearish mode and marks $0.23 as resistance. Price remaining below EMA20 ($0.20) confirms short-term bearish bias. On the weekly timeframe, it is within a major down channel from 2025 highs (%70+ decline); reaction buys remain temporary. Multi-timeframe structural analysis shows 9 strong levels: 1D (2S/1R), 3D (2S/1R), 1W (2S/3R). This highlights support seeking in lower timeframes and resistance pressure in higher ones. Structural Levels Main structural supports are $0.1828 (66/100 score, daily pivot) and $0.1585 (62/100, weekly low). If these levels are broken, the 1W bearish target of $0.063 may come into play. Above, $0.1861 (79/100, strongest resistance) and EMA20 $0.20 are critical. In the big picture, $0.27 Fibonacci extension is a long-term target but distant with current momentum. Technical Indicators…

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Filed under: News - @ January 24, 2026 5:22 am