5 minutes time frame
🔷 BADGER/USDT
🟩 Long / Short?
• Long: The market sentiment is currently 57.89% Long, which favors a long position. Additionally, the price is showing an uptrend with a 24-hour change of +24.04%, suggesting bullish momentum.
♻️ Leverage?
• Recommended Leverage: 5x to 7x, given the recent volatility and bullish movement in BADGER.
👉 Entry?
• Ideal Entry: Around $3.95. This level is near the current price, offering a good entry with a solid support zone around $3.94.
Target 🎯
• Target 1: $4.00 (near resistance level)
• Target 2: $4.02 (near the upper resistance level)
• Target 3: $4.10 (strong resistance based on the 24h high)
💥 Stop-Loss (SL)? ⛔
• Stop-Loss: $3.85. This level helps mitigate risks in case of a market pullback, providing a solid exit strategy.
Market Analysis:
• Current Price: $3.95
• 24h Change: +24.04%
• 24h High: $4.024, 24h Low: $3.394
• Volume: 15,466,217.91 USDT, indicating strong trading activity and liquidity.
• Market Sentiment: 57.89% Long, with a strong preference for long positions.
Bitcoin’s Influence: Bitcoin’s minor movement (+0.03%) suggests that the altcoin market, including BADGER, is following a positive sentiment. As Bitcoin stabilizes, BADGER is showing strong growth, confirming the bullish outlook.