The puzzle pieces aren't quite fitting for $BONK, with its current price of $0.00003034 leaving traders scratching their heads. Will the cryptocurrency solve its price puzzle and soar to new heights, or will it crash and burn? Let's dive into the potential price movements and scenarios. ๐โจ
=> Range-Bound Scenario:
Support Levels: $0.00003031, $0.00002997, $0.00002995
Resistance Levels: $0.00003136, $0.00003145
In a range-bound scenario, BONK is likely to move between the support levels of $0.00003031 and $0.00002997, and the resistance levels of $0.00003136 and $0.00003145. Traders can consider buying near the support levels and selling around the resistance levels while monitoring for any significant breakouts or breakdowns. ๐
=> Bullish Outlook: ๐
Immediate Resistance: $0.00003136, $0.00003145
Major Resistance: $0.00003200, $0.00003300
Target: $0.00003400 - $0.00003500
If BONK maintains its upward trajectory and breaks above the immediate resistance levels of $0.00003136 and $0.00003145, it could signal further bullish momentum. ๐ The major resistance at $0.00003200 and potentially $0.00003300 could be the next targets. With strong buying interest, BONK might aim for the psychological milestone of $0.00003400 to $0.00003500, exciting traders and investors alike! ๐
=> Bearish Outlook: ๐ป
Immediate Support: $0.00003031, $0.00002997
Major Support: $0.00002995, $0.00002950
Target: $0.00002900 - $0.00002850
On the downside, if BONK encounters selling pressure and falls below the immediate support levels of $0.00003031 and $0.00002997, it could initiate a bearish trend. ๐ This scenario might lead BONK to test the major support levels at $0.00002995 and potentially $0.00002950. A continued decline could see BONK targeting the range of $0.00002900 to $0.00002850. ๐ฌ
Will BONK solve the price puzzle or crash and burn? ๐ค Only time (and the charts) will tell! ๐ฐ๏ธ๐ Stay tuned! ๐๐
