$BONK

/USDT Technical Analysis:

The BONK/USDT pair has been showing a strong bullish momentum, with a +29.52% increase in the past 24 hours. Here’s a breakdown of the key levels to watch for:

1. Support Level: 0.00002820 USDT

This is the recent 24-hour low and a crucial support area. A bounce from this level could signal further upward movement.

2. Resistance Level 1: 0.00003771 USDT

BONK has recently tested this level. If the price breaks above this resistance, we could see a push towards higher targets.

3. Resistance Level 2: 0.00004050 USDT

The 24-hour high marks an important resistance. A successful breakout above this level may push the price to new highs.

Trend Analysis:

The price has been consolidating in the 0.00002820 - 0.00004050 range.

A potential breakout above 0.00004050 could lead to significant bullish continuation, while a drop below 0.00002820 would suggest a bearish reversal.

Monitor these levels closely to catch potential trade opportunities. Stay updated on market movements and adjust your strategy accordingly!

This analysis offers insight into the current market structure of the BONK/USDT pair for traders looking to capitalize on key technical levels.