BONK/USDT Analysis (BURNmas Event Impact):
Current Price: $0.00003393 (+30.45%)
24h High/Low: $0.00003501 / $0.00002479
Key Levels (1 day frame):
Resistance: $0.00003720, $0.00004093, $0.00004710
Support: $0.00002729, $0.00002111, $0.00001738
Technical Indicators:
RSI (6): 53.49 (Neutral)
EMA (7, 14, 20): Showing bullish trend but nearing resistance.
Fibonacci Levels:
Retracement Zones: $0.00003241 (23.6%), $0.00002979 (50%), $0.00002696 (78.6%)
Insights:
BONK surged due to the “BURNmas” event targeting 1T token burns by Dec 25.
Reduced supply may push prices up, but RSI hints at potential consolidation.
Monitor $0.00003241 support for entries and $0.000040 resistance for exits.
Caution: Volatility expected; follow burn updates closely .
