The $BONK /USDT pair is showing slight volatility, currently trading at 0.00004790 with a -0.08% change over the past 4 hours.

The 24-hour range is between 0.00004258 (low) and 0.00004947 (high), indicating active market participation with a total USDT volume of 211.33M.

Key Observations:

The RSI is at 40.68, signaling a neutral to slightly oversold condition. This suggests potential buying opportunities if the trend sustains.

The previous resistance level was around 0.00006230, and the market has retraced since then.

Immediate support is visible at 0.00004231, while resistance lies at 0.00005003.

Signal:

Short-term Recommendation: Wait for confirmation of reversal from support at 0.00004231 or a breakout above 0.00005003 before entering a trade.

Risk Management: Use a stop-loss below 0.00004200 to minimize downside risk.

Hashtags:

#BONK #CryptoSignals #BinanceTrading #MemeCoin #CryptoMarketSurge