$BONK Short Liquidation Analysis – $5.0572K at $0.03449 🚀

BONK has just triggered a short liquidation, indicating potential bullish momentum as shorts are forced to cover their positions. This could push prices higher in the short term.

📉 Suggested Trading Plan

1️⃣ Buy Zone:

Look for entries around $0.03250 - $0.03350 if the price shows consolidation or a pullback after the pump.

2️⃣ Targets 🎯:

Target 1: $0.03550 – Close to recent liquidation; secure quick gains here.

Target 2: $0.03800 – Breakout potential with added bullish momentum.

Target 3: $0.04050 – Extended rally target if market strength continues.

3️⃣ Stop Loss:

Place your stop loss at $0.03180 to protect against unexpected reversals.

📊 Key Insights on $BONK :

Short Liquidation: Indicates that sellers are exiting, adding to the upward pressure.

Market Sentiment: Bullish sentiment is building as BONK gains traction.

Momentum Indicators: Check for increasing volume to confirm strength.

Tips for Trading $BONK :

Risk Management: Never overleverage; keep position size manageable.

Monitor Volume: Sustained buying interest is key for hitting higher targets.

Partial Profits: Secure profits at each target while leaving some for the next leg up.

🚀 Final Thoughts:

BONK’s short liquidation is a strong signal for upward movement.

Stick to the strategy, stay disciplined, and aim for those targets.

The BONK momentum is your opportunity to ride the wave to gains! 💥

Are you ready to seize the BONK breakout? Let’s hit those levels!

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