BAT Breaks Out Above Key EMA as Bullish Momentum Builds

Basic Attention Token (BAT), the utility token powering the Brave Browser, is gaining renewed traction among traders after a sharp rebound from last week’s sell-off. The recovery has propelled the token to its highest level in months, signaling revived confidence in its upside potential.

On the daily chart, BAT has moved decisively above its 20-day Exponential Moving Average (EMA), which now serves as dynamic support.

This breakout indicates strengthening bullish momentum, often viewed as a precursor to a sustained uptrend.

If current momentum holds, traders may look for further continuation toward the next resistance zone.