๐ Market Insight: $BADGER /USDT on 15-Minute Chart ๐ฅ๐ฏ
The chart highlights a strong ascending channel, suggesting bullish momentum in the $3.90 - $4.30 range. The price is currently consolidating near $4.026, just above the channel's midline.
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๐ Key Levels:
Long Entry: $4.05 (after a confirmed breakout above midline resistance).
Short Entry: $3.98 (if the price breaks below channel support).
Stop Loss:
Below $3.90 for long trades.
Above $4.10 for short trades.
Take Profit:
Long: $4.20 (upper boundary) and $4.30 (channel resistance).
Short: $3.85 (channel breakdown target).
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๐ฎ Next Move:
A breakout above $4.05 may lead to bullish momentum towards $4.20, with potential to test $4.30 if buying pressure persists.
Conversely, a break below $3.98 could trigger a deeper retracement toward $3.85, testing the lower boundary of the channel.
โก Strategy Tips:
Monitor volume spikes for confirmation of breakouts.
Secure partial profits near key levels to reduce risk.
Adjust your approach based on price action within this well-defined channel for optimal results.