๐Ÿšจ$BONK BONK/USDT UPDATE: Consolidation Before the Next Move? ๐Ÿšจ

$BONK is currently trading at 0.00004474, down by 1.28% as it hovers near a consolidation phase after hitting a recent high of 0.00006230. Despite the minor pullback, the trend shows potential for either a breakout or further correction.

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๐Ÿ’ก Key Levels to Watch:

Resistance: 0.00004799 โ€“ Breaking above this level could signal a push toward 0.00005200 or higher.

Support: 0.00003141 โ€“ Holding this level is crucial to avoid further downside pressure.

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๐Ÿ’ผ Trade Setup:

Bullish Targets: 0.00005000, 0.00005500, and 0.00006000.

Stop Loss: Below 0.00004000 for risk management.

โš ๏ธ Note: Watch for increased volume and momentum shifts to confirm the next move. Consolidation periods often lead to sharp breakouts or breakdowns.

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