📊 Technical Analysis: $BONK

/USDT - Target Levels 🎯

BONK/USDT has shown impressive upward movement, with a 24-hour gain of +11.25%. Let’s dive into the key technical levels for BONK and what traders can expect in the short term.

🔹 Current Price: 0.00004728 USDT

🔹 24h High: 0.00004763 USDT

🔹 24h Low: 0.00004205 USDT

Key Targets for BONK/USDT:

🎯 Target 1: 0.00004800 USDT

This level marks the recent hourly high, and breaking past it could signal a continuation of the upward momentum. A solid push above this resistance level might open the door to further gains.

🎯 Target 2: 0.00004900 USDT

The next key resistance level comes in at 0.00004900 USDT. If the bulls manage to push past this level, it could set up a stronger rally as momentum builds.

🎯 Target 3: 0.00005000 USDT

A psychological level of resistance at 0.00005000 USDT. If BONK manages to break through this target, expect more bullish sentiment, with traders eyeing this as a potential breakout point.

Key Support Levels:

Support 1: 0.00004600 USDT

Support 2: 0.00004500 USDT

Technical Indicators:

RSI: Currently in the neutral zone, indicating room for more movement.

MACD: Bullish crossover suggesting upward momentum.

Keep an eye on these price levels and watch for market reaction around them. Trade carefully and manage your risk!

This analysis provides a clear breakdown of potential targets and key support levels, making it easy for traders to navigate the market for BONK/USDT.