đ¨ $BONK /USDT READY FOR A BIG MOVE! WILL IT BREAKOUT OR FALL? đ¨
The BONK/USDT 30-minute chart is heating up as price hovers around 0.00002372 USDT, currently up by +1.93%. Weâre witnessing consolidation after a sharp rise, which could signal a breakout or breakdown depending on the market reaction at key levels.
đĄ Support and Resistance Levels:
⢠Immediate Resistance: 0.00002510 USDT â A push through this zone could trigger an explosive move upwards, opening up potential long opportunities.
⢠Critical Support: 0.00002275 USDT â If support fails, expect a deeper retracement.
đ Long Entry Strategy: Consider entering at 0.00002380 USDT with a target around 0.00002500 USDT, placing a stop loss below 0.00002320 USDT to manage risk.
đ Short Entry Strategy: If the price breaks below 0.00002270 USDT, a short position could be considered, aiming for 0.00002230 USDT, with a stop loss above 0.00002300 USDT.
đŽ This is a pivotal momentâkeep an eye on the volume and price action for clues on the next big move!
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