$BONK (BONK) Technical Analysis

Current Price: $0.00004980

24h High: $0.00005444

24h Low: $0.00004925

24h Vol(BONK): 4.21T

24h Vol(USDT): 216.79M

Market Outlook:

The BONK chart shows a sideways trend with low volatility. The price is currently consolidating within a narrow range between $0.00004900 and $0.00005400.

Trade Strategy:

Long Trade:

* Entry: $0.00004980 (Current Price)

* Target: $0.00005400

* Stop Loss: $0.00004700

* Leverage: 2x

Short Trade:

* Entry: $0.00005444 (24h High)

* Target: $0.00004900

* Stop Loss: $0.00005600

* Leverage: 2x

Conclusion:

BONK is currently in a sideways trend, and the price is likely to remain within the current range. Traders should be cautious and wait for a clear breakout or breakdown before taking any positions.

#BONK #Crypto #Trading #TechnicalAnalysis #Leverage