$BONK TRADE SETUP

Price is in an Uptrend. Bullish breakout from Ascending Triangle, above $0.000030 key level was followed by a break above $0.000037 resistance. This could signal continuation of uptrend, with +24% upside to S0.000046. Stop Loss (SL) level at $0.000034.

Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.

Nearest Support Zone is $0.00003, then $0.00002. Nearest Resistance Zone is $0.000046.

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