Nearly 79% of Binance Futures pairs are still in the red. But $BAT rose 2.14% in one hour while BTC rose just 0.13%. Now the question is: can this breakout hold at 0.11968?
What’s interesting about BAT is the sequence of candles. The 1-hour candle closed at 0.11858, above the 0.11837 resistance. The next 15-minute candle briefly dipped to 0.11840, then closed higher at 0.11920. One-hour volume reached 2.27× the average of the previous eight hours, and 65% of the volume came from aggressive buyers.
📍 0.11968 is the next test. The price briefly moved above it, but I’d still like to see a candle close above that level and a retest hold.
📍 0.11837 is the line for this scenario. If a candle closes below it again, the initial breakout has failed.
Open interest rose by around 538 thousand contracts in one hour. About 58% of accounts were recorded as short, but that figure doesn’t show the size of their positions or prove that liquidations occurred. For now, the reasons to watch BAT are its price structure and buying flow.
Do you think 0.11968 will turn into support, or will BAT test 0.11837 again?
Binance Futures data · November 12, 2026, 14:24 WITA · #BinanceSquare $BAT
What’s interesting about BAT is the sequence of candles. The 1-hour candle closed at 0.11858, above the 0.11837 resistance. The next 15-minute candle briefly dipped to 0.11840, then closed higher at 0.11920. One-hour volume reached 2.27× the average of the previous eight hours, and 65% of the volume came from aggressive buyers.
📍 0.11968 is the next test. The price briefly moved above it, but I’d still like to see a candle close above that level and a retest hold.
📍 0.11837 is the line for this scenario. If a candle closes below it again, the initial breakout has failed.
Open interest rose by around 538 thousand contracts in one hour. About 58% of accounts were recorded as short, but that figure doesn’t show the size of their positions or prove that liquidations occurred. For now, the reasons to watch BAT are its price structure and buying flow.
Do you think 0.11968 will turn into support, or will BAT test 0.11837 again?
Binance Futures data · November 12, 2026, 14:24 WITA · #BinanceSquare $BAT