BONK UPDATE!!!!!🔥🚀

Hello friends, greetings again...

As you all know, I only show up when the price stops rising to analyze with you what the market says.

$BONK previously the price managed to break out of the wedge pattern and showed bullish interest, in the 4-hour timeframe the price managed to position itself above the 50 moving average that I like and is also maintaining itself as a dynamic support, the last 3 candles are bullish and not indecisive which is what I like about the price.

If we go down to 1 hour, we observe a beautiful crossover of lines with the 200 and 50 moving averages confirming a possible bullish follow-through, it is also observed how the price remained in consolidation within those ranges.

Let’s remember that the market is based on probabilities and analysis, we cannot predict what will happen with the price but we can anticipate movements when certain parameters are met.

#bonk #bullrun2024 📈📈