$BONK has experienced a solid recovery, rising from its 24-hour low of $0.000002479 to its current price of $0.000003349, showing an 11.27% gain. The price is approaching a key resistance level, indicating a possible breakout.
Key Levels to Watch:
Resistance: $0.000003322 (current 24-hour high)
Support: $0.000003055
Trade Setup:
Long Entry: Enter near $0.000003317 upon confirmation of a breakout above $0.000003322.
Targets:
$0.000003500 (short-term)
$0.000003800 (next target)
Risk Management:
Stop-loss: Set at $0.000003000 to minimize risk.
Pro Tip: A breakout above $0.000003322, accompanied by strong buying volume, could lead to further gains. However, if the price fails to stay above $0.000003055, a pullback may occur. Monitor market momentum and adjust your strategy accordingly.