BONK Analysis: 👀

The price is currently forming a descending triangle pattern, signaling an impending breakout. If the breakout occurs in the upward direction, the price will head towards the resistance zone. On the other hand, if the breakout occurs to the downside, the price will head towards the next support zone. You may consider opening a small long position at the current support zone, but make sure to use a tight stop loss.

Current support area: 1880-2120

Next support area: 1300-1400

Resistance zone: 2650-2800

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