$BONK /USDT 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐔𝐩𝐝𝐚𝐭𝐞:
𝐷𝑒𝑎𝑟 𝐶𝑜𝑚𝑚𝑢𝑛𝑖𝑡𝑦,
After a detailed examination of the BONK/USDT trading pair, I have observed a bullish trend forming on the chart. The price action has been consolidating, and there’s a clear resistance line drawn at the 𝟬.𝟬𝟬𝟬𝟬𝟮𝟵𝟲𝟲 level. Currently, the price stands at 𝟬.𝟬𝟬𝟬𝟬𝟮𝟴𝟭𝟱, showing a significant increase of +𝟭𝟭.𝟰𝟬%.
• The volume has been substantial, with the latest figures indicating a volume of 𝟰,𝟬𝟳𝟬,𝟱𝟯𝟲,𝟴𝟲𝟬,𝟲𝟴𝟮. The moving averages are also in our favor, with the 𝙈𝘼(𝟓) at 𝟯,𝟴𝟱𝟬,𝟭𝟱𝟴,𝟰𝟵𝟲,𝟵𝟮𝟬 and the 𝙈𝘼(𝟏𝟎) at 𝟯,𝟰𝟬𝟰,𝟲𝟳𝟯,𝟬𝟭𝟳,𝟳𝟯𝟱, suggesting a strong momentum.
• If the price successfully breaches the resistance, it could signal the start of a sustained bullish movement. This potential breakout could be the opportune moment we’ve been waiting for.
𝑰𝒔 𝒊𝒕 𝒕𝒊𝒎𝒆 𝒕𝒐 𝒄𝒐𝒏𝒔𝒊𝒅𝒆𝒓 $BONK ?
Given these indicators, it might be wise to keep BONK meme coin on our radar. If you’ve been contemplating adding BONK to your portfolio, this could be the moment to act, but only if the resistance is decisively crossed.
As always, please conduct your own research and consider your investment strategy before making any decisions.
𝘚𝘵𝘢𝘺 𝘢𝘭𝘦𝘳𝘵 𝘢𝘯𝘥 𝘩𝘢𝘱𝘱𝘺 𝘵𝘳𝘢𝘥𝘪𝘯𝘨!!
