technical analysis and trade signal for $BONK /USDT, with three target levels and trade momentum.
Current Price: 0.00003647 USDT
24h High: 0.00003680 USDT
24h Low: 0.00003103 USDT
Key Indicators:
Support Level: 0.00003100 USDT (previous 24h low)
Resistance Level: 0.00003680 USDT (previous 24h high)
Momentum: Positive, with a 15.16% gain in the last 24 hours
Volume: Strong buying volume, with 2.14T BONK traded and 71.14M USDT in volume, indicating increasing interest and market activity.
Trade Signal:
Buy Entry: 0.00003647 USDT
Target Levels (šÆ):
šÆ Target 1: 0.00003800 USDT
šÆ Target 2: 0.00004000 USDT
šÆ Target 3: 0.00004200 USDT
Stop Loss: 0.00003100 USDT (Key support level)
Trade Momentum:
Trend: The price is trending upwards, supported by strong volume and bullish sentiment.
Signal: Given the current price action, with a consistent upward movement, it suggests a buy signal with a strong upward momentum in the short term.
Risk-to-Reward Ratio: This trade offers a favorable risk-to-reward setup, considering the potential targets and stop loss level.
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