$BONK
š BONK/USDT Technical Analysis - Price: 0.00003371 š
BONK/USDT is currently trading at 0.00003371, showing signs of consolidation after recent fluctuations. Key support lies at 0.00003300, where price action has recently bounced, suggesting potential for another upward push. If this support holds, we could see a move toward the resistance level at 0.00003450. A breakout above this resistance could trigger further upside, with targets at 0.00003500 and beyond.
For an entry strategy, consider entering long positions if the price stays above 0.00003300, with a stop loss just below this level. A break above 0.00003450 offers an additional opportunity for bullish continuation. However, if the price fails to hold support, we may see a deeper retracement, opening up short opportunities.
With the market still in a range-bound phase, patience and precision will be key. Stay alert for the breakout or breakdown! š
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