$BADGER

200 SMMA: The 200-period SMMA is positioned at approximately 2.840, which is above the current price of 2.710. This moving average is acting as resistance, indicating a bearish sentiment as the price struggles to rise above it.

VWAP: The VWAP is at 2.657, slightly below the current price, suggesting a slight bullish stance, though the proximity indicates a lack of strong momentum in either direction.

RSI (Relative Strength Index):The RSI is currently at 59.52, indicating a neutral to slightly bullish sentiment. However, it remains below the overbought territory, suggesting potential room for an upward move if buying interest increases.

MACD (Moving Average Convergence Divergence):The MACD line is at 0.010, with the signal line at 0.013. The histogram reflects weak bearish momentum, indicating a mild selling pressure that may lead to further declines if it intensifies.

Support and Resistance Levels:Immediate Support: Around 2.657, which acts as a critical support level. A break below this level could lead to a further decline toward lower support levels.Key Resistance: The 2.840 level aligns with the 200 SMMA, creating a significant resistance point that the price needs to break through to signal a potential bullish reversal.

Bullish Scenario: If BADGER/USDT can break above the 2.840 resistance level, it may target the next resistance around 3.000, indicating a potential bullish continuation.Bearish Scenario: Failure to hold above the 2.657 support level could lead to further declines, with the next support anticipated around 2.500.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions.

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