$BONK
Trend Analysis and Support/Resistance
Short-Term Trend (1-Day to 4-Hour Timeframe):
Price Action: The price is currently trading above the 20-period moving average (MA), indicating a bullish short-term trend. The Relative Strength Index (RSI) is above 50, further supporting this bullish sentiment.
Resistance Level: The immediate resistance level appears to be around 0.00003413 (24-hour high). A break above this level could signal a stronger bullish move.
Support Level: The 20-period MA and the 24-hour low (0.00002991) act as support levels. If the price breaks below these levels, it could indicate a shift to a bearish short-term trend.
Mid-Term Trend (1-Week to 1-Month Timeframe):
Price Action: The price is trading above the 50-period MA, suggesting a bullish mid-term trend. The RSI is above 50, reinforcing this bullish bias.
Resistance Level: The 1-month high could act as a resistance level. A break above this level would be a strong bullish signal for the mid-term.
Support Level: The 50-period MA and the 1-month low provide support for the mid-term trend. A break below these levels could indicate a bearish shift in the mid-term.
Long-Term Trend (3-Month to 1-Year Timeframe):
Price Action: The price is trading well above the 200-period MA, suggesting a strong bullish long-term trend. The RSI is significantly above 50, confirming this bullish sentiment.
Resistance Level: The all-time high could act as a resistance level for the long-term trend. A break above this level would be a major bullish breakout.
Support Level: The 200-period MA and the 3-month low provide strong support for the long-term trend. A break below these levels would be a major bearish signal for the long-term.
Overall, the current trend appears to be bullish across all timeframes. The price is trading above key moving averages and the RSI is indicating bullish momentum. However, it's important to monitor the price action closely and be prepared for potential reversals if the price breaks below key support levels.