Series of Bearish Wedges এই প্যাটার্ন দেখলেই সাবধান হন! BADGER আবারও সেই রাস্তায় হাঁটছে!
The chart shows 3 major rising wedge patterns, each leading to a strong downside breakout.
Bearish Wedge Breakdown Cycle Every wedgeStarts with a recovery or small rally.Gradually loses momentum.
Followed by a sharp breakdown with high volume.
The current wedge rightmost is showing similar structure
Gradual rise Volume tapering
Rejection from wedge resistance
3. Support-Resistance Observation:
Key resistance around $0.95–$1.00 held firmly.
Support zone lies around $0.80–$0.82, which is vulnerable if wedge breaks.
4. Volume Insights:
Selling volume during breakdowns is significantly higher than buying volume during recoveries.
This confirms bearish dominance and lack of conviction in bullish attempts.
Price Projection & Setup:
If breakdown happens:
→ Target zone: $0.78 – $0.74
→ Potential downside: 10–15%
Stop-loss
→ Above wedge resistance (~$0.92–$0.95)
→ Solid R:R ratio for short positions.
BADGER is trapped in a repeating bearish wedge pattern – this fourth wedge could trigger another 10–15% drop. The pattern is clear, the volume supports it, and the market sentiment shows a lack of bullish momentum. Watch closely around wedge support — a breakdown could offer a high-probability short setup.
Short sellers can monitor for breakdown confirmation with volume.