šŸ”„ $BONK /USDT: Technical Analysis & Trade Signal - Bullish Momentum Unleashed! šŸ”„

Current Price: 0.00003202 USDT (+9.85%)

24h High: 0.00003248

24h Low: 0.00002893

Volume: 1.99 Trillion BONK traded

šŸ”Ž Technical Indicators:

1. RSI (Relative Strength Index): Currently at 60, indicating a moderately bullish trend, but not yet overbought.

2. MACD: Positive crossover, showing upward momentum.

3. Support Level: 0.00002893 (Strong support formed in the last 24 hours)

4. Resistance Level: 0.00003248 (24h high and immediate resistance)

šŸŽÆ Trade Signal - Target Levels:

Target 1: 0.00003350 (Breakout above resistance, expect continued bullish momentum)

Target 2: 0.00003500 (Major resistance zone, psychological level)

Target 3: 0.00003800 (Extended target for a more significant bullish move)

āš” Trade Momentum:

With a positive MACD and RSI still under 70, BONK has a bullish momentum. If it breaks 0.00003248, we could see a strong continuation upwards, targeting the next levels at 0.00003500 and 0.00003800. However, if the price fails to break the 0.00003248 resistance, consider taking profits at Target 1 and waiting for a pullback to the support at 0.00002893.

šŸšØ Risk Management: Set stop-loss around 0.00002893 to protect your trade from major losses.

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