$BONK is showing bullish momentum in the short term, as indicated by upward trends in the 15-minute, 1-hour, and 4-hour Moving Averages (MAs).
Trade Ideas:
Bullish Scenario: Enter a buy position on a breakout above the $0.00005386 resistance level, with a stop-loss set below the $0.00004975 support level.
Bearish Scenario: Consider a sell position if the price breaks below the $0.00004975 support level, using a stop-loss above the $0.00005386 resistance level.
Support and Resistance:
Support Level: $0.00004975.
Resistance Level: $0.00005386.
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