$BAT Rejection at Converging Moving Average Resistance

Signal Rationale

Price has rallied 9.62% but is now trading below the key 7-period and 25-period Moving Average resistance cluster between $0.2304-$0.2326. This technical setup suggests weakening bullish momentum. The rejection near the 24-hour high of $0.2420, combined with declining volume, indicates potential for a pullback toward lower support levels.

Entry Zone

$0.2270 - $0.2310

TP1

$0.2190

TP2

$0.2130

TP3

$0.2080

Stop Loss

$0.2360

Risk Management

Risk no more than 2% of capital per trade. Move stop loss to breakeven once TP1 is reached to lock in profits.

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BATUSDT

Perp

0.179

-9.86%