๐ฐ BONK Analysis- ๐
๐ฅThe meme sector is on fire again, and this time let's break down - BONK
Locally the buyer extremely clearly demonstrated his dominance over the seller by forming a 0.5 downward channel stab and subsequent breakdown of the downward slope and consolidation above the POC๐๐ต
At the moment I expect to see a continuation of growth, with strengthening of the upward order flow, and the target in the removal of 0.0308$๐
I plan to enter the trade from current(0.0224$-0.02$)
๐Stop loss will be at (0.018$)
โ First take (0.024$)
โ Second takeout (0.0308$)
โ Third take (0.036$)
When the first takeout is reached, the stop loss should be moved to breakeven. Reaching the third take will amount to 48.65% of the net movement excluding shoulders.
