Market Overview for Basic Attention Token/Tether USDt (BATUSDT)

• BATUSDT broke above 0.1580 after a 24-hour consolidation, with volume surging 153% in the final 3 hours.
• Momentum accelerated in the last 4.5 hours, as RSI crossed 50 and MACD turned positive.
• Bollinger Bands widened during the final 3-hour rally, signaling increased volatility.
• A bullish engulfing pattern formed at 0.1582 during the 07:30–07:45 ET session.
• Turnover spiked 17x at the 15:00 ET candle, confirming institutional involvement.

BATUSDT opened at 0.1556 on 2025-09-09 12:00 ET, traded as high as 0.1686 and as low as 0.1552, and closed at 0.1624 by 2025-09-10 12:00 ET. Total 24-hour volume reached 4.66 million, while notional turnover hit $734,695. The pair exhibited a sharp rally after 14:45 ET, with momentum and volume aligning with price.

Structure & Formations

Key support levels include 0.1575 and 0.1562, both of which were tested and rejected during the early morning. Resistance emerged at 0.1582 and 0.1605, with the latter holding for two hours before breaking. A bullish engulfing pattern was confirmed at 0.1582, suggesting buyers regained control. A small doji formed at 0.1606, indicating indecision following the breakout. The 0.1624 close marked a 4.3% gain on the day, with 0.1627–0.1633 serving as the next target zone.

Moving Averages and Fibonacci Retracements

On the 15-minute chart, the 20SMA crossed above the 50SMA during the 14:45–15:00 ET rally, confirming a bullish crossover. The 50/100/200 daily SMAs suggest the pair is still in a medium-term uptrend, with the 0.1580–0.1583 level acting as a key pivot. Fibonacci retracement levels from the 0.1552–0.1686 move placed 0.1627 (38.2%) and 0.1633 (50%) as critical targets. A break above 0.1639 (61.8%) could confirm a continuation.

MACD & RSI

MACD turned positive during the 14:45–15:00 ET rally and maintained above zero for the remainder of the day, indicating strong momentum. RSI climbed from 47 to 63, avoiding overbought territory, which suggests there may still be room for further gains. Divergence was observed between the 0.1582 and 0.1606 peaks, hinting at potential profit-taking near 0.1630.

Volume & Turnover

Volume surged to 4.22 million in the final 3 hours, with the 15:00–15:15 ET candle alone accounting for 82% of the session’s volume. Turnover spiked from $16,700 to $163,000 during the 15:00–15:15 ET 15-minute candle, confirming the breakout. Price and turnover aligned, reinforcing the bullish signal. However, a divergence appeared during the 16:00–16:15 ET session, where volume dropped 24% despite price holding above 0.1624.

Backtest Hypothesis

A potential backtest strategy involves entering long on a bullish engulfing pattern confirmation at 0.1582, with a stop-loss below 0.1575 and a target at 0.1627 (Fibonacci 38.2%). This setup aligns with the 15-minute MACD crossover and volume confirmation. A trailing stop could be triggered above 0.1633. Given BATUSDT’s volatility, a fixed-risk model—such as 1% of portfolio per trade—would be advisable to manage exposure.

Looking ahead, BATUSDT may test 0.1633 and 0.1639 within the next 24 hours. A break above 0.1639 could signal a new short-term trend. Traders should remain cautious of a pullback toward 0.1605–0.1606, where previous resistance-turned-support may hold. As always, liquidity conditions and broader market sentiment could impact performance.