BAT Could Fall Below $0.1000
Basic Attention Token (BAT) is down by 2.6% to $0.1162 this week, outperforming the broader crypto market slightly, where Bitcoin (BTC) is falling by 3.3% to $76,200. The market remains under heavy pressure amid deepening global trade tensions, triggered by U.S. President Donald Trump’s decision to raise tariffs on Chinese imports to 104%. The move came after China refused to roll back its own reciprocal 34% tariff, following the U.S.'s identical levy announced earlier this month.
BAT has now dropped significantly from its March peak at $0.1500 and is hovering near the critical support level of $0.1000. The token is currently trading just above a midterm downtrend. A recent retest of trendline resistance suggests bearish momentum may continue in the short term, with a risk of prices dipping below support if broader market sentiment doesn’t stabilise.
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