$BAT BAT/USDT Analysis
The primary token of attention (BAT/USDT) reached its bear market bottom in December 2022, followed by sideways movement. For this analysis, we will mark June 2023 as the market bottom.
Point 1 on the chart shows a stop-loss hunt, leading to a bullish wave.
Point 2 reflects this, resulting in a reversal.
The bullish signal is confirmed as Point 2 has materialized. The price fell below long-term support (June 2023 low), but has now recovered. Three consecutive green weeks strengthen the bullish trend — victory is ours!
What could push $BAT to new highs in this confirmed bullish phase?
