BONK/USDT Price Action Update – Setup with Clear Targets 🚀
Here’s the technical breakdown of BONK/USDT:
📉 Downtrend Observed: The price has been in a descending trend, testing a key support zone (blue box). This is a decision point where the next move will be determined.
📈 Buy Setup:
If the price holds this support and breaks above the descending trendline, we might see a strong bullish move.
Targets:
TP1: $0.047
TP2: $0.052
TP3: $0.06
📉 Sell Setup:
If the price breaks below the blue support zone, it could drop further.
Stop Loss: Place your stop below $0.045 for a safer trade.
💡 Pro Tip: Always wait for confirmation of breakout or breakdown before entering the trade. Let’s see which side wins!
What do you think? Ready for the breakout? 📊
