🚀 Technical Analysis Update: $BONK
/USDT
The BONK/USDT pair has been showing impressive movement over the past 24 hours, with a solid 13.60% increase! Let's break down the key levels and targets for this meme coin that’s gaining attention in the market.
📈 Current Price: 0.00005637 USDT
24h High: 0.00006230 USDT
24h Low: 0.00004843 USDT
Looking at the chart, here are the 3 Price Targets to keep an eye on:
🎯 Target 1: 0.00006230 USDT
The recent high of 0.00006230 is a significant resistance point. If the price can break this level, we could see further upside momentum.
🎯 Target 2: 0.00006800 USDT
This level represents a possible breakout zone, where the trend might accelerate if buying pressure continues to rise. Watch for confirmation above 0.00006230.
🎯 Target 3: 0.00007200 USDT
The next level to watch for would be 0.00007200, where profit-taking could start, but a sustained push above this could set the stage for new highs.
🔍 Market Insight:
The market sentiment for BONK has been bullish, and with significant trading volume of over 11 trillion BONK in the last 24 hours, the momentum could continue. However, be cautious of possible pullbacks around resistance levels.
💡 Conclusion:
Watch for price action near these targets and always consider risk management strategies. Stay tuned for more updates and happy trading! 📊
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