🚨 $BONK /USDT TECHNICAL ANALYSIS – BULLISH CLIMB CONTINUES! 🚨
$BONK is up by 13.84%, trading at 0.00003783 following an impressive rally. This upward momentum has taken BONK to test recent highs, hinting at continued bullish interest. Here’s a look at the critical resistance and support levels for BONK:
🎯 Target 1: 0.00004247
This is the 24-hour high and the immediate resistance level. A break above 0.00004247 would indicate strong bullish momentum, potentially inviting additional buyers as the rally continues.
🎯 Target 2: 0.00004365
If BONK breaks above the initial resistance, it could target 0.00004365. Surpassing this level would signal a sustained rally, possibly attracting even more attention from momentum traders.
🎯 Target 3: 0.00005000
A key psychological level, reaching 0.00005000 would mark a significant milestone. Hitting this target could prompt some profit-taking but would also reinforce confidence among traders in BONK’s bullish trajectory.
🚨 Support Level: 0.00003500
In case of a pullback, maintaining support above 0.00003500 is crucial. A drop below this level could signal a potential correction or consolidation phase, creating caution among traders.
BONK is showing strong upward momentum, but keep an eye on these levels to determine whether the trend will continue or if a retracement is on the horizon.
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