Summary
• Price dropped sharply from 0.2614 to 0.2308, forming bearish engulfing and breakdown patterns.
• RSI signaled overbought conditions initially but reversed into oversold territory by day's end.
• Volatility spiked during sharp declines, with volume surging above 1 million at lows.
• Bollinger Bands expanded significantly during the final 3-hour period, confirming increased bearish pressure.
• Key support levels emerged at 0.2400 and 0.2300, with no major resistance seen below 0.2500.
Basic Attention Token/Tether (BATUSDT) opened at 0.2612 on 2025-12-14 at 12:00 ET, and by 12:00 ET the following day, had fallen to 0.2314. The pair reached a high of 0.2618 and a low of 0.2289. Total 24-hour volume reached 20,557,070, while notional turnover amounted to 5,084.44.
Structure and Key Levels
The price structure showed a distinct bearish bias, with the price falling below key support levels such as 0.2500, 0.2400, and finally 0.2300. A bearish engulfing pattern was visible during the early part of the session, and a breakdown pattern formed as the price broke below the 0.2350 level.
Momentum and Volatility
Relative Strength Index (RSI) initially signaled overbought conditions near 70, but as the price collapsed, it dipped into oversold territory, falling below 30 in the final hours. MACD showed a bearish crossover, with the line falling below the signal line early in the session.
. Bollinger Bands expanded significantly during the final 3-hour period, reflecting increased volatility and bearish momentum.
Volume and Turnover
Volume surged during the final 3 hours of the session, peaking at over 2 million during the 16:45 ET candle. Notional turnover also spiked during this time, with the largest single candle contributing nearly 598.89 in turnover. The volume and price action aligned well, confirming the bearish breakdown.
Short-Term Outlook
The sharp decline and strong volume suggest continued bearish pressure, with a possible test of the 0.2250–0.2280 range in the next 24 hours. Investors should monitor the 0.2350 level for potential short-term bounce opportunities, but bearish continuation remains a high-probability scenario. Risk remains skewed to the downside.
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