
Basic Attention Token’s daily trend stays bullish as hourly momentum fades
The CryptonomistLorenzo Marcek
As of October 16, 2026, BAT trades at $0.1972 on Binance, where the Basic Attention Token price setup stays bullish on the daily chart. Price holds above all three daily moving averages but below the last completed daily close of $0.2159. The pullback is a correction, not a reversal. Key takeaways BAT trades at $0.1972 on Binance as of October 16, 2026, below the last completed daily close of $0.2159. The daily trend remains bullish, with price above the daily EMA20 at $0.1335, EMA50 at $0.1055 and EMA200 at $0.09959. Hourly momentum is weakening: hourly RSI sits at 47.1 and the hourly MACD histogram is negative and widening.
Reported by The Cryptonomist. You are reading an excerpt. The full story is on their site.
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