$BONK /USDT Trade Signal: Riding the Wave of Meme Token Momentum
$BONK /USDT is showing steady activity, trading at $0.00003248, with a 24-hour high of $0.00003312 and a low of $0.00003059. The token has gained +1.15% in the last 24 hours, supported by a massive trading volume of 1.12T BONK ($35.71M USDT) on Binance.
Long Entry: Consider entering long positions near $0.00003100–$0.00003150, targeting $0.00003300–$0.00003350 for potential upside. Use a stop-loss at $0.00003050 to limit downside risks.
Short Entry: Look for short opportunities near resistance at $0.00003350–$0.00003400, with a target pullback to $0.00003150–$0.00003100. Place a stop-loss above $0.00003450 to manage risk in case of a breakout.
Despite a +33.90% gain over 90 days and an impressive +125.96% over the past year, BONK has seen a -31.11% drop in 30 days, signaling recent market hesitation. Meme tokens like BONK are highly volatile, so stay disciplined, monitor volume trends, and adjust your strategy accordingly for profitable trades.