🚀 $BONK

/USDT Technical Analysis 🚀

The market for BONK/USDT is showing some interesting price movements. After experiencing a -2.87% drop in the last 24 hours, traders are eyeing potential levels for entries. Let’s take a closer look at the key levels and targets for this pair!

🔍 Current Price: 0.00004841 USDT

Key Resistance Levels:

1. 0.00005300 🔴 – If the price breaks above this level, we could see a potential bullish breakout. Watch closely for a strong close above it for confirmation.

2. 0.00004950 🟡 – The near-term resistance where price may face some consolidation. A push through this level could signal a continuation of the upward trend.

3. 0.00004700 🟢 – A critical support level. If BONK/USDT retraces, this could be a strong point of buying interest. Watch for a bounce from here!

📉 Price Action: Over the last 24 hours, BONK has touched a low of 0.00004738 and failed to break higher than the 0.00005300 resistance. If the market shows strength, we may see a test of the 0.00004950 level before moving to the higher resistance.

🛠 Trading Volume: With 4.65T BONK traded in the last 24 hours, and 231.49M USDT in volume, liquidity is solid, but price action is volatile. Tight risk management and close monitoring are key.

🚨 Next Steps:

Look for a bullish confirmation above 0.00004950.

Set buy orders near 0.00004700 for a potential bounce.

Keep an eye on the 0.00005300 resistance to gauge if a breakout is in play.

#COSSocialFiRevolution #ETHPriceSurge #XRPAndSECShift #SOLHitsATH #BTCBreaks100K?