$BATUSDT 1D TECHNICAL ANALYSIS

After getting rejected at the resistance at around 0.48, Basic Attention Token ($BAT) has been having some downward movement even before the general market correction happened.

This looks to me like a possible breakout of a bear flag. I might take a short position here if confirmed.

We saw a fake out from previous data. So we must be careful.

Let's wait for confirmation.

I'll post more updates.