🚀 BONK/USDT Technical Analysis – 21.39% Surge and Key Price Targets 🚀

Current Price: 0.00005198 USDT

24h High: 0.00005666 | 24h Low: 0.00004209

BONK has been showing impressive bullish momentum, gaining +21.39% in the last 24 hours! Let’s dive into the technicals and outline some potential price targets.

🔍 Technical Overview:

Parabolic SAR (0.02, 0.2) is currently at 0.00004956, signaling a bullish trend.

The recent price action has broken key resistance levels, indicating further upside potential.

Strong support is found around 0.00004820, which could serve as a potential entry point if the price consolidates.

🎯 Price Targets:

1. Target 1 (0.00005500):

The first significant resistance lies around the 0.000055 level, where the price has struggled before. A breakout past this point could pave the way for further gains.

2. Target 2 (0.00005800):

The next resistance zone is 0.00005800, which is near the 24h high (0.00005666). A rally past this level could signal a stronger upward trend.

3. Target 3 (0.00006000):

If the momentum continues, the next major psychological resistance level could be 0.00006000. This would mark a key milestone for BONK as it reaches new highs.

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$BONK