BONK/USDT Technical Analysis & Trade Signal
Current Price: 0.00003801 USDT (+7.95% in 24h)
24h High: 0.00003838
24h Low: 0.00003512
Technical Indicators:
Trend: Bullish - The price has shown a strong upward movement, with a +7.95% increase in the last 24 hours.
Support Levels:
0.00003512 (24h low)
0.00003638 (recent low)
Resistance Levels:
0.00003838 (24h high)
0.00003853 (near-term resistance)
RSI: Rising, indicating bullish momentum, but monitor for potential overbought conditions.
MACD: Positive crossover indicating strengthening bullish momentum.
Trade Signal: Buy (Long)
Momentum: The price is currently in an uptrend, and momentum is strong. The MACD and RSI suggest continuation of the upward move, though caution should be taken if RSI approaches overbought levels.
Target Levels 🎯:
1. Target 1: 0.00003860 (near-term resistance)
2. Target 2: 0.00003950 (next psychological resistance)
3. Target 3: 0.00004000 (round figure target)
Stop-Loss: Below 0.00003500 to protect from downward movement.
Trade Momentum:
Strong: Given the recent bullish price action and the indicators, the trade momentum is strong, suggesting that the price may continue rising towards the target levels. Watch for price pullbacks for potential entry points.