$BONK Possible Scenarios 🍸

📊 The price is currently consolidating within the purple box. The next major move depends on whether we see a breakout or breakdown from this zone.

Scenario 1 (Bullish): A breakout could push #BONK toward 0.08 and beyond. Watch for increasing volume to confirm the momentum.

Scenario 2 (Bearish): A breakdown may lead to a dip, potentially heading toward MA 99(purple line) and if the price doesn't hold MA 99, there is a chance it will move toward the MA200(green line) support.

⚠️ Stay vigilant and let the price action decide. Keep an eye on key levels and trade wisely!