🚨$BONK /USDT Analysis🚨

📊BONK is currently trading at $0.00004343, up 2.96% in the last 24 hours. The 24-hour trading volume stands at 2.35T BONK and 100.02M USDT.

💹The 5-minute chart shows a recent dip, with the price currently consolidating around the $102.79 level.

📈Potential Long Entry: Consider a long position around $102.50, with a stop-loss at $101.50.

📉Potential Short Entry: A short position could be initiated around $103.50, with a stop-loss at $104.50.

🔑Key Observations:

* BONK has shown significant price appreciation in recent days.

* Current price action suggests potential consolidation before further movement.

* Traders should monitor market sentiment and news related to BONK for additional insights.

⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

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