$BONK $BONK

BONK/USD Technical Analysis & Trading Strategy

BONK/USD is currently trading at 0.00005054, a price that positions it in a critical range with exciting potential for both short-term and long-term traders. As the market consolidates around this level, it's essential to track key support and resistance zones that could drive the next price action.

Support is located at 0.00004800, where recent price action has found some stability. A solid bounce at this level could provide a good opportunity for long entries. On the resistance side, 0.00005250 is the key level to break. If BONK/USD can break through this barrier, it could trigger a bullish move toward 0.00005500 and beyond.

Entry Strategy: For a bullish position, consider entering near 0.00004800 with a stop loss just below 0.00004700. Alternatively, a break above 0.00005250 could offer an entry with a target toward 0.00005500.

BONK/USD presents an intriguing setup at 0.00005054, with well-defined support and resistance levels. Watch these zones closely, and with proper risk management, this could be an opportunity to capture meaningful moves in the coming sessions.

#BONKBURNmas #SOLWatch #XRPPriceAction #DEXXBreach #Write2Earn!