$BONK

/USDT Technical Analysis 🎯

Current Price: $0.00004555 (-11.10%)

Volume: 4.30T BONK | 209.35M USDT

BONK, a highly volatile meme coin, has recently experienced significant price movement. Based on technical indicators and market sentiment, here are three potential targets for BONK/USDT:

Target 1: $0.00005000 📈

The first resistance lies at $0.00005000, where BONK is expected to test the waters. A breakout above this level could signal bullish momentum.

Target 2: $0.00005300 🚀

The 24-hour high of $0.00005300 serves as a critical resistance zone. If BONK sustains its upward trajectory, this could be a strong profit-taking point for short-term traders.

Target 3: $0.00004500 📉

In case of a bearish trend, $0.00004500 will act as a strong support level. If this level breaks, further downside could occur.

Key Indicators:

RSI: Near oversold, indicating potential for reversal.

Volume: High activity suggests traders' interest remains intact.

Trend: Consolidation phase with a chance for breakout.

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