🏆BONK/USDT:
Current Price: $0.00005271
24h High: $0.00005410
24h Low: $0.00003851
24h Volume (BONK): 31.91B
24h Volume (USDT): 433.71M
Moving Averages (5 and 10 periods):
MA (5): 502.17B
MA (10): 557.65B
Setting Targets and Stop-Loss for BONK/USDT
Target Levels:📈
Primary Target: Around $0.00005410 (the recent 24h high), as it could act as a resistance level.
Secondary Target: If the price breaks above $0.00005410, the next potential target could be $0.00005500, a slightly higher resistance zone.
Stop-Loss Levels:🤝
Conservative Stop: Place the stop-loss just below the 24-hour low of $0.00003851 or slightly higher around $0.00004000 for added safety.
Moderate Stop: Around $0.00004843 (recent support), depending on your risk tolerance.
Risk-Reward Ratio:🎁
If targeting $0.00005410 with a stop-loss at $0.00004843, the risk-to-reward ratio could be favorable for a 2:1 or 3:1 setup, depending on the exact entry point.
Trailing Stop:📌
Consider using a trailing stop as the price moves higher to lock in profits while protecting against sharp reversals.#BonkCoinFundamentals #SOLWatch #USDebt36Trillion #EarnWithBinance #FreeEarnWithUs