$BAT DOUBLE TOP ... BEARS TAKING CONTROL
BAT has once again faced strong rejection near 0.223 after testing the same resistance twice on the 4H chart.
A potential double-top formation is developing, suggesting bullish momentum may be weakening.
Currently trading near 0.2035.
If 0.200 breaks, a deeper correction towards 0.190–0.181 looks possible, with 0.173 as the next major support.
As long as 0.223–0.224 remains resistance, bearish pressure could continue.
A confirmed breakout above 0.224 would invalidate this bearish outlook.
BAT Another correction coming?
Trade on $BAT
BAT has once again faced strong rejection near 0.223 after testing the same resistance twice on the 4H chart.
A potential double-top formation is developing, suggesting bullish momentum may be weakening.
Currently trading near 0.2035.
If 0.200 breaks, a deeper correction towards 0.190–0.181 looks possible, with 0.173 as the next major support.
As long as 0.223–0.224 remains resistance, bearish pressure could continue.
A confirmed breakout above 0.224 would invalidate this bearish outlook.
BAT Another correction coming?
Trade on $BAT