📊 Market Insight: $BADGER /USDT on 15-Minute Chart🔥💯
The chart illustrates a strong ascending channel, signaling bullish momentum within the $3.90 to $4.30 range. The price is currently hovering near $4.026, reflecting consolidation just above the midline of the channel.
🔍 Key Levels:
• Long Entry: $4.05 (upon breakout confirmation above midline resistance)
• Short Entry: $3.98 (if the price breaks below channel support)
• Stop Loss: Place below $3.90 for long trades and above $4.10 for shorts.
• Take Profit:
• Long: $4.20 and $4.30 (upper boundary resistance)
• Short: $3.85 (channel breakdown target)
🔮 Next Move:
A breakout above $4.05 may drive momentum towards $4.20, with the potential to test $4.30 if buying pressure sustains. Conversely, a break below $3.98 could lead to a deeper retracement toward $3.85, testing the lower boundary of the channel.
Traders should monitor volume spikes for directional confirmation and consider securing partial profits near key levels. Adapt your strategy to the price action within this well-defined channel for maximum efficiency.