💎 BAT has recently encountered significant market dynamics. Currently, BAT is confronting a resistance area after experiencing a substantial rebound from the demand zone.
💎 If BAT manages to break out above the resistance area, there's probability for the price to resume its upward trajectory and reach our target at the bearish OB area.
💎 However, if BAT faces rejection at the resistance level, there's a possibility that the price will retreat downward, revisiting the demand zone around $0.29 to gather momentum for another potential breakout.
💎 It's crucial for BAT to bounce when it reaches the demand area. Failure to do so, resulting in a breakdown below the demand zone, could signal bearish sentiment, potentially leading to further downward movement in price.