$BONK USDT
UPDATE
#BONK/USDT has consolidating in a symmetrical triangle formation inside the supply zone. This can breaks up or down, it all depends on which $BTC direction.
BONK is following the market while still having some selling pressure and lack of demand.
BONK is related to $SOL . If SOL dumps,BONK
dumps as well, if SOL pumps, BONK pumps too.
BONK has entered the resistance zone and stopped its freefall.
The downtrend will probably change into an uptrend. Meanwhile we need to wait this to happen. BTC pumping to $71k would for sure blast some of our TPs but, we need to wait the FOMC meeting to get this.
The 0.00002800 support, The next step is to climb more to 0.00003200 as it is another critical support, if we reach this support, we are ready to climb to ATH.
Entry price is 0.000025 - 0.000028
Target price is 0.000035 - 0.000040
Stop loss price is 0.000020
Don’t forget to set stop loss, Always follow your trading plan regarding entry, risk management, and trade management.
Disclaimer: Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy.👍🏻
DYOR
NOT FINANCIAL ADVICE
