$BAT /USDT – VOLATILE SPIKE FOLLOWED BY CORRECTION
$BAT surged sharply to a 24h high of 0.1795 (+18.5% today), but heavy selling pressure emerged quickly, pushing price back toward 0.1719. The strong wick at the top signals profit-taking and short-term exhaustion after the vertical rise.
🔑 Trade Setup
Entry Zone: 0.1720 – 0.1760 (short entry on weak rebound)
Take Profit 1: 0.1680
Take Profit 2: 0.1635
Take Profit 3: 0.1595
Stop Loss: 0.1795 (above recent high)
📉 Market Outlook
Momentum shifted from bulls to sellers after the vertical spike. If 0.1680 support fails, deeper retracement toward 0.1595 is possible. Bulls need a sustained close above 0.1760 to re-gain control and attempt another rally.