$BONK $BONK $BONK

๐Ÿ†BONK/USDT:

  • Current Price: $0.00005271

  • 24h High: $0.00005410

  • 24h Low: $0.00003851

  • 24h Volume (BONK): 31.91B

  • 24h Volume (USDT): 433.71M

  • Moving Averages (5 and 10 periods):

    • MA (5): 502.17B

    • MA (10): 557.65B

Setting Targets and Stop-Loss for BONK/USDT

  1. Target Levels:๐Ÿ“ˆ

    • Primary Target: Around $0.00005410 (the recent 24h high), as it could act as a resistance level.

    • Secondary Target: If the price breaks above $0.00005410, the next potential target could be $0.00005500, a slightly higher resistance zone.

  2. Stop-Loss Levels:๐Ÿค

    • Conservative Stop: Place the stop-loss just below the 24-hour low of $0.00003851 or slightly higher around $0.00004000 for added safety.

    • Moderate Stop: Around $0.00004843 (recent support), depending on your risk tolerance.

  3. Risk-Reward Ratio:๐ŸŽ

    • If targeting $0.00005410 with a stop-loss at $0.00004843, the risk-to-reward ratio could be favorable for a 2:1 or 3:1 setup, depending on the exact entry point.

  4. Trailing Stop:๐Ÿ“Œ

    • Consider using a trailing stop as the price moves higher to lock in profits while protecting against sharp reversals.#BonkCoinFundamentals #SOLWatch #USDebt36Trillion #EarnWithBinance #FreeEarnWithUs