$BAT - LONG Setup
Entry: 0.2140 – 0.2160 (On a bounce from the immediate support zone with bullish confirmation)
Target 1:0.2200
Target 2:0.2250
Stop Loss:0.2120 (Below the key intraday support)
My View:
BAT is showing strength,consolidating near the top of its recent range after a strong medium-term uptrend (+78% in 180 days). The price is holding above the $0.2140 support level, forming a series of higher lows. The order book shows decent bid support building just below the current price. The chart structure is bullish, and this consolidation looks like a healthy pause before the next leg up. I'm looking for a dip into the $0.2140–$0.2160 demand zone to hold and show a reversal candle, confirming buyers are stepping in to push price towards a breakout above the recent high.
Bias: Bullish above $0.2140. A breakdown below $0.2120 would shift the near-term structure bearish.
Disclaimer:My plan. Not advice. Trade your own risk.
