$BONK Technical Analysis;

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ā€¢ Bitcoin and meme coins, particularly BONK, are the focus.

ā€¢ BONK has seen significant growth recently.

ā€¢ Mixed sentiments on BONKā€™s future due to its current crucial level.

ā€¢ Bullish trends on both 1-hour and 4-hour timeframes for BONK.

ā€¢ Concerns about BONKā€™s historical resistance level at 21,500 (with 4 zeros in front).

ā€¢ Possibility of BONK breaking this level if Bitcoin remains strong.

ā€¢ Potential breakout for meme coins due to BONKā€™s momentum and short squeeze possibility.

ā€¢ Predictions of BONK breaking above 22,000 with possible pullback to 19,000 before rallying to 25,000 liquidity zone.

ā€¢ Emphasis on BONKā€™s performance being tied to Bitcoinā€™s stability or bullishness.

ā€¢ Likelihood of BONK rising beyond 25,000 if Bitcoin remains stable or bullish.

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#Memecoins #Bonk $BTC #100xgems #Trading #Bitcoin