$BONK $BONK

BONK/USDT Analysis: Watching Key Levels for a Potential Move šŸ“‰šŸ“ˆ

Currently priced at 0.00003537 USDT, BONK is testing a crucial support level at 0.00003500. If this support holds, there could be a potential bounce toward the next resistance at 0.00003800. A breakout above this level could open up a move towards 0.00004000, signaling further upward momentum.

However, if the price breaks below 0.00003500, we could see a retest of the next support at 0.00003200, which would indicate a shift to the downside. For an entry strategy, keep an eye on a confirmed breakout above 0.00003800 and enter with a tight stop-loss just below the support level at 0.00003500.

Given the current neutral RSI, this could be an interesting setup for a short-term trade. Manage your risk carefully and stay alert for the breakout! šŸš€šŸ“Š

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