$1000BONK

Based on request the provided chart for 1000BONKUSDT Technical Analysis

1. **Current Price Action**: The current price is $0.030345, with a 24-hour high of $0.032484 and a low of $0.027333. The price has increased by 10.91%.

2. **Key Indicators**:

- **Moving Averages**: The 7-period EMA (yellow line) is at $0.030293, indicating short-term bullish momentum as it is above the price.

- **Bollinger Bands**: The price is within the Bollinger Bands, suggesting it's not overbought or oversold. The upper band (UP) is $0.032068, and the middle band (MB) is $0.028309.

- **Parabolic SAR**: The yellow dots below the price indicate a buy signal.

- **MACD**: The MACD line (yellow) is slightly above the signal line (purple), suggesting a bullish trend but with limited momentum.

- **RSI**: The RSI is at 50, indicating a neutral market without being overbought or oversold.

3. **Resistance Points**:

- Immediate resistance at $0.032484 (24-hour high).

- Further resistance around $0.032068 (upper Bollinger Band).

4. **Support Levels**:

- Immediate support at $0.027333 (24-hour low).

- Further support around the middle Bollinger Band ($0.028309).

5. **Future Trades**:

- Consider a long position if the price breaks above the $0.032484 resistance with strong volume.

- Set a stop-loss around the $0.028309 support level to manage risk.

- Monitor for any significant changes in volume or sudden shifts in market sentiment, which could affect price movements.

Key factors include market sentiment, trading volume, and broader market trends. Always ensure to use risk management strategies such as stop-loss orders. #BONK🔥🔥 #BonkCoinFundamentals #MtGoxJulyRepayments $BONK