$BONK
Price Analysis ... Of course, buy ... should yield good profit ..
$BONK showed a strong recovery, rising from a 24-hour low of $0.000002479 to the current level of $0.000003317, reflecting a noticeable increase of 11.27%. The price is approaching a critical resistance zone, indicating a potential breakout.
Key levels to watch:
Resistance: $0.000003322 (current 24-hour high)
Support: $0.000003055
Trading setup:
Enter long position: around $0.000003317 upon confirmation of breakout above $0.000003322.
Targets:
1. $0.000003500 (short-term)
2. $0.000003800 (next target)
Risk management:
Stop-loss: $0.000003000 to protect against downside risks.
Advice:
Considering the strong buying volume, a breakout above $0.000003322 could lead to extended growth. However, if it fails to hold above $0.000003055, it may lead to a correction. Monitor market dynamics and adjust accordingly.
