BAT Technical Analysis Mar 23
The post BAT Technical Analysis Mar 23 appeared on BitcoinEthereumNews.com.
BAT is trapped below EMA20 at the 0.10$ level and approaching critical supports within the downtrend. Buyer influx is expected at nearby supports, while the lack of resistance keeps upside potential limited. Current Price Position and Critical Levels BAT Basic Attention Token is currently trading at the 0.10$ level and stayed in the 0.09$-0.10$ range with a 3.64% rise over the last 24 hours. Despite the overall downtrend, the price positioned below EMA20 (0.10$) is giving a short-term bearish signal. RSI at 40.92 level in the neutral-bearish zone, Supertrend is bearish and pointing to 0.11$ resistance. 9 strong levels detected across multiple timeframes (1D/3D/1W): 1D has 2 supports/0 resistances, 3D has 1 support/3 resistances, 1W has 2 supports/4 resistances confluence. Price is near primary support at 0.0906$ for liquidity hunt in the downtrend structure; if broken, deep targets like 0.0385$ may come into play. The 0.1358$ target above remains speculative due to weak resistances. Volume is low at 4.92M$, indicating big players are on the sidelines. Support Levels: Buyer Pools Primary Support The 0.0906$ level (score: 80/100) stands out as BAT’s most critical buyer zone. This level shows strong order block confluence on 1D and 1W timeframes; tested and rejected three times in the past with high-volume candles defending buyers. Also marked as a demand zone on the 3D chart, overlapping with Fibonacci 0.618 retracement. Why important? It’s a liquidity pool: ideal for stop-loss hunting, a break below targets 0.08$ liquidity. Volume spiked 150% on the last test, proving institutional buyers stepped in. As price approaches here, ideal entry for long positions; invalidation on break below 0.088$. Secondary Support and Stop Levels 0.0943$ (score: 68/100) acts as secondary support with confluence from 1D swing low and EMA50 (0.095$). Rejected twice with low but consistent buyer traces. Why critical? Demand zone…
Filed under: News - @ March 23, 2026 7:29 pm