$BONK - Possible bullish retest ๐
The daily price is now moving into a neutral zone but the 0.0003100 $ & 0.00003300$ could act as magnet levels ๐
On the H2 - H4 view, I see a possible ascending breakout and retest! The price is consolidating above the major resistance, now acting as support ๐
What's more, on the short-term M15 - M30 view, we can see that the price is forming a falling wedge.
I still recommend waiting for a retest of the yellow zone before entering into a long position.
As long as the price consolidate above 0.00002650$, we should see a next leg up! ๐
It looks similar as my previous #MATIC analysis before it exploded! x)