🚨$BONK /USDT Analysis🚨
📊Current Price: $0.00004450
24h Low: $0.00004258
24h High: $0.00004947
Trend: Short-term bearish, long-term bullish
📉Short-Term Analysis:
🔸 The price has been consolidating in a range for the past few days.
🔸 A break below the 24-hour low could signal further downside, with a potential target at $0.000040.🎯
🔸 Short Entry: $0.000043 (below the 24-hour low)📉
🔸 Stop Loss: $0.000045 (above the recent high)🛑
📈Long-Term Analysis:
🔸 The overall trend is bullish, with the price making higher highs and higher lows.
🔸 A break above the 24-hour high could signal a continuation of the uptrend, with a potential target at $0.000050.🎯
🔸 Long Entry: $0.000046 (above the 24-hour high)📈
🔸 Stop Loss: $0.000042 (below the recent low)🛑
⚠️Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.
📝Additional Notes:
🔸 The chart shows a high level of volatility, so be cautious when trading this pair.
🔸 Use stop-loss orders to protect your investments from potential losses.
🔸 Keep an eye on the broader market for potential external factors that could impact the price of BONK.
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