$BONK /USDT has been experiencing a period of consolidation after a recent upward trend. The price has been trading within a defined range, suggesting potential for a breakout in either direction.

Current Price: $0.00003364

Entry: Consider a long position at the lower end of the current range, around $0.00003300. Alternatively, wait for a breakout above the upper range ($0.00003450) for a potential entry.

Resistance: $0.00003450

Support: $0.00003200

Take-Profit Targets:

* $0.00003500

* $0.00003600

* $0.00003700

Stop Loss: Place a stop loss below the recent swing low, around $0.00003150.

Caution: Traders should remain vigilant for signs of price stability or potential breakout signals. Monitor the market closely for any significant changes in momentum or volatility.

Hashtags: #BONK #USDT #CryptoTrading #TechnicalAnalysis #Binance