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BAT Technical Analysis Mar 1

BAT Technical Analysis Mar 1 WikiBit 2026-03-02 03:26

BAT is approaching critical supports at the 0.10$ level and signaling in the oversold region with RSI 29. However, the dominance of the downward trend may

BAT is approaching critical supports at the 0.10$ level and signaling in the oversold region with RSI 29. However, the dominance of the downward trend may limit short-term recoveries.

Current Price Position and Critical Levels

BAT/Basic Attention Token is trading at 0.10$ with a 2.57% drop in the last 24 hours, and the daily range has narrowed between 0.10$-0.11$. The overall trend is downward, with the price continuing to stay below EMA20 (0.12$), confirming the short-term bearish structure. The Supertrend indicator is also giving a bearish signal and pointing to the 0.13$ level as resistance. 8 strong levels detected in multiple timeframes (MTF): 1 support/2 resistances on 1D, 1 support/3 resistances on 3D, 2 supports/3 resistances confluences on 1W. Volume is low at 6.19M$, increasing the potential for liquidity hunting. The price is positioned near the lower band of the falling channel in the broader structure, and a possible breakout could point below 0.0969$ to downside targets.

Support Levels: Buyer PoolsPrimary Support

The most critical support level stands out as 0.0969$ (score: 72/100). This level forms a strong demand zone on the 1W timeframe and has been tested 4 times in the last 3 months, reacting each time with volume increase. It also has order block confluence on the 3D chart; this block formed in October 2025 is an area where large buyers accumulated liquidity. It overlaps with EMA50 (around 0.0975$), providing multi-timeframe confirmation. If price reaches here, it carries strong rebound potential with oversold RSI (29.20) – similar tests in the past showed 15-20% recoveries. Volume profile analysis shows positive delta in this area (buyers dominant), meaning buyer abundance is expected.

Secondary Support and Stop Levels

Secondary supports are around 0.09$ (1D order block) and deeper at 0.0410$ downside target (score:22). 0.09$ aligns with 1W Fibonacci 61.8% retracement and acts as an invalidation level after low-volume tests in February 2026. Stop-losses may cluster below this level, potentially triggering a liquidity sweep. Main invalidation is a close below 0.0969$; if this occurs, a 3D bearish impulse is expected, opening the path to 0.0410$. Above, holding above 0.1042$ would be bullish invalidation.

Resistance Levels: Seller PoolsNear-Term Resistances

The short-term first resistance is 0.1042$ (score:60/100). This level is strong with daily pivot and EMA20 (0.12$) approach; it rejected from the 24-hour high of 0.11$ and triggered a sell-off with volume decline. Defined as a supply zone on 1D timeframe, rejected 3 times in the past – each rejection brought a volume spike and downward breakout. Supertrend resistance is also nearby, ideal for short-term short opportunities.

Main Resistance and Targets

Primary resistance 0.1090$ (score:61/100), peak confluence on 3D and 1W: order block remaining from the November 2025 rally and 50% Fib extension level. This area is where large sellers (smart money) target liquidity; wick formations and low-volume rejections observed on tests. Volume increase is required for breakout, otherwise fakeout risk is high. Upside target 0.1454$ (score:25), aligned with EMA200 (0.14$) but weak under bearish Supertrend. R/R ratio: from 0.0969$ to 0.1090$ around 1:2.5, downside potential 1:4.

Liquidity Map and Big Players

The liquidity map shows stop-loss clusters below 0.0969$ – big players (whales) could sweep here and hunt upside liquidity. The 0.1042$-0.1090$ range is a liquidity pool with equal highs/lows; imbalances (fair value gaps) support descent below 0.10$. Volume profile POC (point of control) around 0.098$, main buyer base. Smart money appears to have taken short positions from the 1W breaker block; with BTC dominance rising, liquidity grab in BAT is likely. This dynamic can increase price rejections and create volatility.

Bitcoin Correlation

BTC is slightly recovering at 66,224$ with +0.79% but downtrend and Supertrend bearish continue. Main BTC supports: 66,250$, 64,310$, 62,510$; resistances: 67,827$, 70,487$. BAT correlates 0.85% with BTC; if BTC breaks below 66,250$, BAT accelerates to 0.0969$. Conversely, if BTC reaches 67,827$, BAT could test 0.1090$. BTC dominance rise pressures altcoins – BTC levels are critical on the watchlist for BAT Spot Analysis and BAT Futures Analysis.

Trading Plan and Level-Based Strategy

Level-based outlook: short bias on 0.1042$ rejection (target 0.0969$, stop above 0.11$). Long on 0.0969$ bounce (target 0.1090$, stop 0.095$). MTF confirmation required on breakouts; watch RSI divergence. Risk management: Position 1-2% capital, target R/R 1:2+. No news flow, stay technical-focused. These levels are dynamic; follow for updates. (Not investment advice, do your own research.)

This analysis uses Chief Analyst Devrim Cacals market views and methodology.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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