$BONK is trading at $0.00003196, showing a slight increase of 2.44% over the last 24 hours. The price is consolidating within a narrow range, with a 24-hour high of $0.00003304. A breakout or breakdown from this range could set the next direction.
Trade Setup:
Long Setup:
Entry: Above $0.00003310 (Breakout confirmation)
Stop Loss (SL): $0.00003150
Take Profit 1 (TP1): $0.00003450
Take Profit 2 (TP2): $0.00003550
Short Setup:
Entry: Below $0.00003100 (Breakdown confirmation)
Stop Loss (SL): $0.00003200
Take Profit 1 (TP1): $0.00003000
Take Profit 2 (TP2): $0.00002900
Technical Outlook:
$BONK is trading sideways, with the price testing support and resistance levels. A breakout above $0.00003310 could signal further bullish momentum, while a breakdown below $0.00003100 may lead to a retracement toward lower support.
Monitor price action and volume for confirmation and use disciplined stop-loss strategies to manage risk effectively.
