$BAT is approaching strong resistance.
0.16–0.17 is a critical level
BAT has rebounded strongly from its low of 0.094 and is now heading back toward a major resistance zone.
Key resistance: 0.16–0.17
Rejection target: 0.135
Extended correction: 0.110
If BAT is rejected at 0.16–0.17, I expect a deeper correction toward 0.11–0.12. However, a clear breakout and consolidation above 0.17 would invalidate the bearish correction scenario and open the way to higher levels.
Trade via $BAT
0.16–0.17 is a critical level
BAT has rebounded strongly from its low of 0.094 and is now heading back toward a major resistance zone.
Key resistance: 0.16–0.17
Rejection target: 0.135
Extended correction: 0.110
If BAT is rejected at 0.16–0.17, I expect a deeper correction toward 0.11–0.12. However, a clear breakout and consolidation above 0.17 would invalidate the bearish correction scenario and open the way to higher levels.
Trade via $BAT