$BADGER has been on a strong upward trend, with a recent surge of over 21% in the past 24 hours. The RSI is currently at 96.696, indicating extreme overbought conditions. This suggests that a potential correction or consolidation phase may be imminent.
* Current Price: $3.791
* Entry Price: Consider waiting for a potential pullback to the $3.481 support level before entering a long position.
* Resistance Levels: $3.851, $4.113
* Support Levels: $3.481, $2.794, $2.743
* Take-Profit Targets:
* Target 1: $3.851
* Target 2: $4.113
* Target 3: $4.400
* Stop Loss: Place a stop loss below the $2.743 support level.
Caution:
* Given the current overbought conditions, be cautious about entering long positions.
* Monitor the market closely for any signs of a potential reversal or correction.
* Consider using a trailing stop loss to protect profits as the price moves in your favor.
