Basic Attention Token [BAT] gains 93% in a week: Can buyers absorb THESE?

Basic Attention Token [BAT] finally broke out of a multi-month descending channel, briefly clearing the $0.20 resistance. At press time, the altcoin traded around $0.19, up 8.5% on the daily chart and 93% over the week. Trading Volume surged 120%, reflecting stronger market activity. As BAT crossed $0.20, short sellers felt the squeeze, with over $1.2 million in short positions liquidated. However, the retreat below that level left buyers with another test: absorbing the tokens flowing onto exchanges. What fueled BAT’s breakout? Basic Attention Token experienced strong bullish pressure alongside growing interest in decentralized advertising models.

Source: AMBCrypto