BONK is about to break through? Short-term fluctuations have risen sharply, don't miss this wave of market!
The current real-time price of BONK is $0.00004242. The price fluctuated violently throughout the day, reaching a high of $0.00004658 and a low of $0.00004107. This wave of fluctuations indicates that market sentiment is about to explode, and there may be a large increase or a deep correction in the short term. Investors need to be prepared to make quick decisions.
Technical analysis:
Support and pressure:
Support level: The current support level is around $0.00004107. If the price falls below this position, it may accelerate the correction and test the support of $0.00004000 below. Pressure level: The upper pressure level is $0.00004658. If the price breaks through this key point, it may usher in a rapid rise, and the target can be seen above $0.00005000.
Key points:
Breakthrough point: If the price breaks through $0.00004658 and stabilizes in this area, it is expected to rise rapidly in the short term, with the target pointing to $0.00005000. Support point: If the price falls below $0.00004107 and continues to pull back, the bears will take the lead, with the target looking at the $0.00004000 area.
Short-term strategy:
Buy strategy:
Entry point: If the price breaks through and stabilizes at $0.00004658, and there is a pullback to this position to form support, you can consider going long, with the target looking at $0.00005000. Stop loss setting: The stop loss can be set below $0.00004100 to ensure that the risk is controlled within an acceptable range.
Short Strategy:
Entry Point: If the price fails to break through $0.00004658 and falls back below $0.00004107, consider shorting, with a target of $0.00004000. Stop Loss Setting: The stop loss can be set at $0.00004350 to avoid losses caused by price breaking through support.
Bold Prediction:
BONK is currently facing a key pressure level challenge. If it breaks through $0.00004658, it may trigger a rapid rise, with a target of $0.00005000 or even higher. As market sentiment is optimistic in the short term, this breakthrough is more likely, especially with a large influx of buying.
However, if the price fails to break through this key pressure level and falls back below $0.00004107, the bears will fight back, and the price may return to around $0.00004000 in the short term.$BONK