Technical Analysis for BONK/USDT on Binance: Key Levels and Targets 🎯
With BONK on a strong upward trajectory, here’s a focused technical breakdown of its current price action and critical target levels.
📈 Current Price: 0.00002654 (+22.36% in the last 24h)
24h High: 0.00002698
24h Low: 0.00002163
24h Volume: 4.60T BONK / 111.58M USDT
Key Support & Resistance Levels
1. Immediate Resistance - 0.00002727
This level is a notable resistance where prices have previously faced difficulty. A breakthrough here could signal an extended uptrend.
2. Psychological Level - 0.00002698
As the 24-hour high, reaching this level again would indicate a higher high, suggesting potential near-term bullish momentum.
3. Strong Support Zone - 0.00002512
The SAR indicator (0.02, 0.2) highlights this as a key support level, aligning with potential dip-buying opportunities if prices retrace.
Technical Indicators
RSI: Bullish momentum with room before overbought conditions.
MACD: Positive crossover, supporting continued bullish momentum.
SAR: Current value at 0.00002512 indicates support for the uptrend.
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