#BAT #BinanceAlphaAlert
The main bottom for the 2022 bear market in Basic Attention Token (BATUSDT) occurred in December 2022. However, for the purpose of this chart, we’re considering June 2023 as the bottom.
Point 1 on the chart marks a stop-loss hunt, which triggered a bullish wave.
Point 2 shows a similar setup, followed by a reversal.
Now that point 2 has played out, the bullish signal is active. Price dipped below the long-term support (June 2023 low) but has since recovered and is now trading above it. We've seen three consecutive green weeks—bullish momentum confirmed. Victory is ours!
