đ $BONK /USDT Technical Analysis đ
The BONK/USDT pair is currently facing a minor pullback, but there are key levels to watch out for in the coming hours. Letâs break down the charts and identify potential targets for traders looking to capitalize on the volatility.
đ Current Price: 0.00003689 USDT
đŽ 24h Change: -7.24%
Key Levels to Watch:
đ” Target 1: 0.00003550 USDT
This level is critical for support. A bounce here could indicate a possible reversal or consolidation before a further move higher. Traders should watch for strong buying pressure at this price to consider entering positions.
đ” Target 2: 0.00003800 USDT
A mid-term resistance point. If the price recovers, expect BONK to face resistance around this level. A break above 0.00003800 could signal a return to bullish momentum.
đ” Target 3: 0.00004000 USDT
The upper resistance zone. A breakout above this level would confirm a bullish trend continuation and could set up for more upside in the near future. Keep an eye on volume here for confirmation.
Trade Strategy:
Buy Zone: 0.00003550
Sell Zone: 0.00003800â0.00004000
Stop Loss: Below 0.00003500 for risk management.
Stay tuned for further updates as we track the progress of this trade. Always do your research and ensure proper risk management in all your trades! đ
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