$BONK $BONK The $BONK /USDT pair is currently trading at $0.00001846, up 2.96% in the past 24 hours. The chart shows a clear bullish trend with the price breaking above the 20-day moving average (MA) and forming a higher high.

Support and Resistance:

Resistance: $0.00001849 (24h high), $0.00002287 (depth)

Support: $0.00001717 (24h low), $0.00001682 (depth)

Entry Signal:

A potential entry signal could be a retest of the broken 20-day MA around $0.00001833. If the price finds support at this level, it could be a good opportunity to buy with a stop-loss below the recent swing low around $0.00001717.

Disclaimer:

This analysis is for informational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.

Additional Notes:

The Bollinger Bands are contracting, indicating a potential period of low volatility.

The RSI is overbought, suggesting that the price may be due for a correction.#USElections2024Countdown #NovemberMarketAnalysis #OctoberCryptoFundingSurge #EthereumWhitepaper #Write2Earn!