🚨 $BONK /USDT – Bullish Reversal on the Horizon! 🔥💯
$BONK is trading at $0.00002804, with a -4.10% drop in the last 24 hours. However, the recent +1.67% gain shows signs of potential reversal, especially with a 115.12% increase over the past year.
📈 Entry Zones:
Aggressive Entry: $0.00002750–$0.00002700 (strong support area)
Conservative Entry: $0.00002800 (confirmed bounce from support)
📊 Take Profit (TP):
1. TP1: $0.00003000 (initial resistance level)
2. TP2: $0.00003200 (next key resistance)
3. TP3: $0.00003400 (extended target)
🛑 Stop Loss (SL):
SL: $0.00002700 (recent low)
📉 Key Observations:
Volume: 1.67T BONK traded with a consistent volume increase, indicating strong buying interest.
RSI: RSI remains neutral, indicating room for a potential breakout if momentum continues upward.
Price Action: The price is approaching key support with a potential reversal to test resistance levels.
⚖️ Risk/Reward Outlook: This trade setup offers a solid risk/reward ratio, with clear entry and stop loss levels providing protection while targeting higher resistance zones.