🚨 $BONK /USDT READY FOR A BIG MOVE! WILL IT BREAKOUT OR FALL? 🚨
The BONK/USDT 30-minute chart is heating up as price hovers around 0.00002372 USDT, currently up by +1.93%. We’re witnessing consolidation after a sharp rise, which could signal a breakout or breakdown depending on the market reaction at key levels.
💡 Support and Resistance Levels:
• Immediate Resistance: 0.00002510 USDT – A push through this zone could trigger an explosive move upwards, opening up potential long opportunities.
• Critical Support: 0.00002275 USDT – If support fails, expect a deeper retracement.
📈 Long Entry Strategy: Consider entering at 0.00002380 USDT with a target around 0.00002500 USDT, placing a stop loss below 0.00002320 USDT to manage risk.
📉 Short Entry Strategy: If the price breaks below 0.00002270 USDT, a short position could be considered, aiming for 0.00002230 USDT, with a stop loss above 0.00002300 USDT.
🔮 This is a pivotal moment—keep an eye on the volume and price action for clues on the next big move!
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