$BONK is currently demonstrating a strong bullish trend, with significant gains in the past day. However, given the volatile nature of cryptocurrency markets, traders should remain cautious and analyze market conditions thoroughly before making decisions. Stop-loss orders are crucial for safeguarding investments in such a dynamic environment.
Bullish Scenario: Sustained buying pressure could push the price past the current resistance level, with the next target around 0.00004950 USDT.
Bearish Scenario: A drop in buying interest or negative market news could trigger a correction, with support at approximately 0.00004108 USDT.
