For $BONK /USDT on the 15-minute time frame, the current price is hovering around 0.00003194, showing strong bullish momentum with a notable 26.85% increase in the past 24 hours.
Key resistance is identified at 0.00003225, a level that, if breached, could pave the way for further gains as buying interest intensifies.
Support is situated at 0.00002738, which acts as a buffer in case of any downward movement. A potential entry for this setup is around the current level of 0.00003194, aiming to capitalize on the ongoing bullish trend.
Profit-taking targets are set at three levels: TP1 at 0.00003200, TP2 at 0.00003215, and TP3 at 0.00003225, allowing for incremental exits if the price advances as anticipated.
To mitigate risk, a stop-loss is advised at 0.00003050, helping to safeguard against unexpected market reversals.
This setup is best suited for short-term traders, so close monitoring is recommended to adapt to any rapid market shifts.