BAT in clear downtrend — bullish BOS at $0.1203; critical support $0.0969

BAT (Basic Attention Token) remains in a dominant downtrend with lower highs and lower lows across daily, 3-day and weekly timeframes. Price trades near $0.12, down roughly 9% in 24h, with daily RSI oversold (~22–24), EMA20 (~$0.15) and Supertrend acting as resistance, and MACD histogram negative. Key levels: a bullish break-of-structure (BOS) requires a decisive reclaim of $0.1203–$0.1215 (primary upside trigger), which would open tests of $0.1349–$0.1359 and higher targets such as $0.2084. Bearish confirmation comes from a break below critical supports (noted between $0.1145 and $0.0969 in the two reports); a decisive loss below $0.0969–$0.1145 accelerates downside toward $0.1024, $0.0634 and $0.0368. Multi-timeframe analysis shows more resistance than support, favoring short bias. BAT is highly correlated with Bitcoin, and BTC’s downtrend (reported near $65.6k–$73k) increases altcoin downside risk. Short-term oversold conditions allow for technical bounces, but weak volume and prevailing structure keep the bias bearish until a clear bullish BOS and EMA20 break occur. Trading guidance for traders: maintain short bias or wait for confirmed BOS/CHoCH (change of character) before taking longs; consider short entries on structural breakdowns with swing-based stop-losses and watch the $0.1203–$0.1215 upside trigger and $0.0969–$0.1145 downside risk for trade decisions. This is informational, not financial advice.
Bearish
Both reports consistently describe a dominant downtrend for BAT across multiple timeframes, with clear lower highs/lower lows, negative momentum indicators (RSI oversold, negative MACD), and resistance at EMA20 and Supertrend. Key swing points from both summaries place the bullish break-of-structure well above current price (~$0.1203–$0.1215) while bearish confirmation sits below current levels ($0.0969–$0.1145). The multi-timeframe alignment shows more resistance than support and BTC’s own downtrend increases systemic downside risk for alts. Short-term oversold readings permit technical bounces, but weak volume and unchanged structure favor further declines until a decisive BOS and EMA20 break flip the bias. Therefore the expected price impact on BAT is bearish: traders should prefer short setups on structural breakdowns or wait for clear bullish confirmation before going long.