🚀 $BONK

/USDT Technical Analysis & Price Targets 🎯

The BONK/USDT pair has been making waves recently with a solid 24.48% increase over the past 24 hours. As the meme coin rally intensifies, traders are keeping a close eye on key levels to determine the next price action. Here’s a breakdown of the technicals and potential targets for BONK:

📉 Current Price: 0.00003793 USDT

Key Levels to Watch:

1. First Target: $0.00004200 🎯

This level marks a 24h High, where the resistance is strong. A break above this could signal further upward momentum, potentially pushing prices to new highs.

2. Second Target: $0.00004000 🎯

A psychological resistance level that traders may look for as a sign of consolidation before further moves. Watch for price action around this level to confirm trend strength.

3. Third Target: $0.00003004 🎯

This is the 24h Low, providing a support zone. If the market retraces, this level could be a crucial point for price recovery or a potential bounce.

💡 Market Sentiment:

Depth Analysis: The market shows strong buying interest with a bid depth of 172.2596%, which indicates solid support. However, sellers are active, with ask depth at 138.4035%.

Volatility: With a high volume of 16.04T BONK traded, the pair remains highly volatile, and short-term traders should stay alert for fast price movements.

Disclaimer: Always do your own research and manage your risk appropriately. Crypto markets are volatile and subject to rapid changes.

#USInflationAboveTarget #CPIUpdateOctober #TrumpNominatesMuskDOGE #HaveYouBinanced #MidNovemberMarket