BONK Market Analysis

Current Market Overview

The current price of BONK is $0.00004491, with a daily increase of +4.66%. The highest price in the last 24 hours is $0.00004495, the lowest price is $0.00004082, and the trading volume reached 35.3 trillion BONK, with a total transaction amount of $152 million. The price is currently above the short-term moving average, indicating a certain rebound momentum.

Technical Analysis and Key Levels

From the daily chart, BONK has encountered strong resistance at the previous high of $0.00006230 and has continued to pull back. The current price is stable near the short-term moving average, showing that bulls are actively rebounding in the support area.

Key Support and Resistance:

• Support Level: $0.00004300 (short-term support), $0.00004000 (trend support), $0.00003141 (strong support).

• Resistance Level: $0.00004500 (short-term resistance), $0.00004900 (important resistance), $0.00006230 (stage high).

Recently, trading volume has increased, indicating heightened market attention. If it can stabilize above $0.00004500, the market is expected to challenge higher resistance.

Short-Term Contract Strategy

1. Long Strategy:

• Entry: Around $0.00004300.

• Take Profit: $0.00004900.

• Stop Loss: $0.00004100.

2. Short Strategy:

• Entry: Around $0.00004900.

• Take Profit: $0.00004400.

• Stop Loss: $0.00005100.

3. High Sell Low Buy Strategy:

• Gradually build long positions near the support level of $0.00004300.

• Take profit or attempt light short near the resistance level of $0.00004900.

Market Summary

BONK is currently in a rebound phase, but the overall trend still needs to focus on the breakthrough of key resistance levels. It is recommended that investors control their positions and cautiously follow trend trading. Short-term operations are suitable for flexible maneuvers within the support and resistance range.

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