#BONKUSDT #BONK $BONK
To discuss the long-term prospects of this asset, a lot of research and information is required. Fundamental analysis takes a lot of time. I prefer to trade this asset using my indicator. On the 4-hour timeframe (the indicator gave 30%+ profit from 3 signals) and when I have time, on the hourly timeframe (about 50% profit in the same period, with more signals that detected movements earlier). For example, the first take profit from a recent short trade on the 4-hour timeframe has been hit. Therefore, it’s better not to use this signal as an entry point.

For long-term trading of this asset, the daily timeframe can certainly be used, but at the moment, it doesn’t indicate a buy. So, I would refrain from going long until there’s a signal to enter a position according to the indicator.