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Summary
• Price surged to 0.2694 before retracting to 0.2528, forming a bearish divergence near key resistance.
• Momentum shifted downward after 0.2637 high, with RSI signaling overbought conditions.
• Volatility expanded mid-session, with volume spiking on the breakout attempt and retreating sharply.
• A potential bearish engulfing pattern emerged near 0.262–0.265.
• Bollinger Bands showed a moderate contraction early, followed by a price test of the upper band.
Basic Attention Token/Tether (BATUSDT) opened at 0.2474 on 2025-12-07 at 12:00 ET, reaching a high of 0.2694 and a low of 0.2470, closing at 0.2528 on 2025-12-08 at 12:00 ET. Total volume was 9,439,798.0, with turnover at $2,353,097.21 over the 24-hour window.
Looking ahead, the market may test key support at 0.2550–0.2570 over the next 24 hours. A break below 0.2500 could reignite bearish momentum. Traders should remain cautious about divergence in momentum indicators and watch for confirmation on the 5-minute chart.
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