BONK

1. The daily line has recently been supported by the BOLL band for two consecutive days, and the volume reduction adjustment meets technical requirements; the daily KD is oversold, providing an opportunity to seize on price swings.

2. In the 4H chart, the price forms a descending wedge, and we should look for buy points on the pullback according to the 123 rule.

3. Support situation

Support 1: Recent low + EMA moving average + fibo0.5 + low position chip concentration area——Quadruple resonance

Support 2: fibo0.618 + MA200——Double resonance

Summary: The medium to long-term bullish trend remains unchanged——based on MA120 and MA200.

4. Indicators

(1) DC (Super Trend Indicator): Currently still in the bearish zone, indicator pressure is close to the concentrated chip area and fibo0.236——short-term pressure (potential bullish target).

(2) KD indicator is overbought, theoretical correction demand aids in the execution of low position long orders——from a purely technical standpoint, one can short on the highs, but considering the overall trend and current market environment, we should focus on low long positions.

(3) The reduction of bearish volume bars in MACD shows a bottom divergence during the short-term rebound, as the short-term golden cross is below the 0 axis, treat it with a rebound mindset.

Indicator forecast: If the price falls again to form bearish volume bars, pay attention to the secondary buy points with multiple divergences at low positions.

Trading strategy:

Spot: 0.00004——0.000035 batch layout, average price 0.0000375, take profit 0.000045——0.000051 (swing + medium to long term)

(Relatively optimistic, no stop loss set yet; if there are low positions in the future, consider adding to the position.)