#BAT A bearish structure for pair $BAT /USDT - Repeated rejections warn of further decline!
The pair $BAT is trading at $0.1333, recording a decrease of -4.99% over the past twenty-four hours. After multiple rejections around the $0.1360-$0.1380 area, the price continues to form lower highs and lower lows on the hourly chart. The inability to reclaim support levels and the presence of sharp selling indicates that sellers are still in strong control.
🔻 Trading setup (Sell):
Entry price: $0.1335 - $0.1345
Targets: $0.1310 / $0.1280 / $0.1245
Stop loss: $0.1375
📉 Market outlook:
The price has not been able to maintain any noticeable bounce, forming a tight range near the lower range. As long as the BAT price remains below $0.1350, further downward pressure is likely. Additionally, trading volume is declining, indicating weak buyer interest at current levels.
📌 Risk management advice:
Do not rush to enter - ensure a breakout below $0.1320 with trading volume before expanding. Always trade with a defined stop loss.
Do not let this breakout pass you by - enter wisely, and exit with greater profit!
Capitalize on the momentum before it fades - profits favor the brave!
Stay calm - this downward trend still has room to continue.$BAT