Market Overview for Basic Attention Token/Tether (BATUSDT): January 6, 2026

Summary
• Price tested 0.224 and 0.230 resistance/support on 5-minute intervals with mixed follow-through.
• Strong volume expansion seen around 0.230–0.233, but failed to hold gains.
• RSI and MACD show weakening momentum, hinting at consolidation.

The Basic Attention Token/Tether pair (BATUSDT) opened at 0.2272 on 2026-01-05 at 1700 ET, hit a high of 0.2337, a low of 0.2206, and closed at 0.2240 on 2026-01-06 at 1200 ET. Total traded volume was 5,448,544.0 units, with notional turnover of $1,254,553.25.

Structure & Key Levels

The 24-hour chart shows a bearish bias with a defined swing high at 0.2337 and a critical support zone forming near 0.224. A strong rejection at 0.230–0.233 was evident in the early morning hours, marked by large-volume rejection candles. A bullish engulfing pattern formed around 0.2294–0.2305, but failed to maintain upward pressure. A doji near 0.2303 suggests indecision.

Moving Averages and Momentum

On the 5-minute chart, price has remained below the 20- and 50-period moving averages, indicating a bearish tilt. The 200-period moving average on the daily chart is yet to be confirmed, but price is trending below the 50-day line. MACD shows a flattening histogram with bearish divergence, while RSI is near 30, suggesting oversold conditions may persist.

Volatility and Bollinger Bands

Volatility expanded in the morning session, with BATUSDT testing the upper band at 0.2337 before rolling back into the channel. A period of contraction was noted before 0.2260, indicating a potential buildup for a breakout or breakdown. Price has since settled near the lower Bollinger band, suggesting a possible oversold rebound.

Volume and Turnover Analysis

The largest volume spike occurred at 0345 ET, with 258,146 units traded as price surged to 0.2314. However, price failed to sustain the move, indicating weak conviction. Turnover also spiked during this period but failed to support further momentum. Divergence between price and turnover suggests weakening buyer interest.

Fibonacci Retracements

On the 5-minute chart, the 61.8% Fibonacci level from the 0.2240–0.2337 swing sits at 0.2285, which has acted as a key support/resistance area multiple times. Daily Fibonacci levels show the 50% retracement at 0.2270, a potential key level for near-term direction.

Price may consolidate around 0.224–0.228 in the short term, with a potential test of 0.230 for bullish confirmation. However, a breakdown below 0.224 could accelerate downside risk. Investors should monitor volume behavior at key levels and RSI divergence for signs of shifting momentum.