$BONK
/USDT – Meme Coin Momentum 🚀🐶
Current Data:
Price: $0.00003691
24h High: $0.00003803
24h Low: $0.00003442
24h Change: +3.97%
24h Volume:
BONK: 2.15T
USDT: 77.83M
Technical Analysis 🔍:
Trend: Bullish, with a +3.97% increase in the last 24 hours, showing steady upward movement for this meme coin.
Support: $0.00003442 – Recent low providing a solid base for price action.
Resistance: $0.00003803 – The current high serves as a key resistance level.
Momentum: Positive momentum with price staying above $0.00003600, reflecting growing interest in the coin.
Volume: High volume shows active trading, supporting the bullish trend.
Trade Strategy 🚀:
Entry Zone 📍:
Buy Zone: Around $0.00003650 - $0.00003700, looking for confirmation that price will maintain its bullish trend.
Target Keys 🎯:
1. $0.00003750 – First resistance target. A possible area for partial profit-taking.
2. $0.00003800 – Secondary target if momentum continues upward.
3. $0.00003900 – Extended target if the rally picks up steam.
Stop-Loss 🚨:
Conservative Stop-Loss: $0.00003400 (below recent low).
Aggressive Stop-Loss: $0.00003550 (tighter risk control).
Trade Setup ⚙️:
Confirmation Needed: Wait for price to hold above $0.00003650 for continued upward momentum.
Indicators to Watch:
MACD: Look for a bullish crossover to confirm continued upward pressure.
RSI: A reading above 50 will signal strong bullish momentum.
Volume: Watch for increased volume as the price approaches resistance levels.
Execution Plan 🎯:
1. Buy: Near $0.00003650 - $0.00003700 if the trend remains positive.
2. Take Profit:
First at $0.00003750
Second at $0.00003800
Final target at $0.00003900 for maximum gains.
3. Stop-Loss: Set stop-loss at $0.00003400 or $0.00003550 for better risk management.
Meme coin potential is unpredictable – trade wisely and enjoy the ride! 🐶🚀