🚨 $BONK /USDT ALERT: Approaching Key Resistance with Bullish Momentum! 🚨
$BONK has surged to 0.00004087, up by 8.49%, showing strong upward momentum as it nears a potential breakout zone. Traders are eyeing this coin closely as it inches toward a crucial resistance level.
💡 Key Levels to Watch:
• Resistance: 0.00004536 – A breakout above this could open the door for significant gains, pushing BONK toward 0.00005000 or higher.
• Support: 0.00003697 – If BONK retraces, holding above this level will be key to sustaining the bullish trend.
📊 Trade Setups:
• Long Entry: Above 0.00004536 | Target: 0.00005000 | Stop Loss: 0.00004300
• Short Entry: Below 0.00003697 | Target: 0.00003000 | Stop Loss: 0.00003900
🔍 Market Insight:
With the current buy volume outpacing sells, BONK is showing strength, but caution is advised around resistance. Watch for a breakout confirmation before entering positions to avoid potential reversals.