$BONK

BONK/USDT 4-Hour Chart Analysis

Key Observations:📊

1.Strong Uptrend: BONK/USDT has experienced a sharp rally, hitting a recent high of 0.00006230.

2.Support Levels:

0.00004755: Immediate support from recent consolidation.

•0.00003883: Buy average price area, acting as a strong support.

3.Resistance Levels:

•0.00006230: Current high and resistance.

•0.00006463: Potential upper resistance from earlier highs.

4.Volume: Increasing volume supports the bullish breakout, but possible overbought conditions.

Bullish Price Predictions 🚀:

1.0.00006250: Minor breakout above the recent high.

2.0.00006800: Strong continuation with momentum.

3.0.00007500: Testing a significant psychological level.

4.0.00008200: Extended rally with strong buying pressure.

5.0.00009000: Parabolic rise if momentum sustains.

Bearish Price Predictions 📉:

1.0.00005500: Pullback towards immediate support.

2.0.00004800: Retracement to support from previous consolidation.

3.0.00003800: Retesting buy average price zone.

4.0.00003200: Deeper correction amid bearish pressure.

5.0.00002500: Significant bearish move with loss of momentum.