$BONK
/USDT Technical Analysis šÆ
Current Price: $0.00004555 (-11.10%)
Volume: 4.30T BONK | 209.35M USDT
BONK, a highly volatile meme coin, has recently experienced significant price movement. Based on technical indicators and market sentiment, here are three potential targets for BONK/USDT:
Target 1: $0.00005000 š
The first resistance lies at $0.00005000, where BONK is expected to test the waters. A breakout above this level could signal bullish momentum.
Target 2: $0.00005300 š
The 24-hour high of $0.00005300 serves as a critical resistance zone. If BONK sustains its upward trajectory, this could be a strong profit-taking point for short-term traders.
Target 3: $0.00004500 š
In case of a bearish trend, $0.00004500 will act as a strong support level. If this level breaks, further downside could occur.
Key Indicators:
RSI: Near oversold, indicating potential for reversal.
Volume: High activity suggests traders' interest remains intact.
Trend: Consolidation phase with a chance for breakout.
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