📌 Entry Zone:
🔹 Around $0.00002036 – $0.00002057 (Current support range)
🎯 Targets:
✅ Target 1: $0.00002120
✅ Target 2: $0.00002214
✅ Target 3: $0.00002251
🛑 Stop-Loss:
🔻 $0.00001920 (Below recent structure support to manage risk)
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📊 Technical Analysis:
🔸 BONK has retraced to key support with a potential for bounce-back, despite being down -4.33%.
🔸 RSI: At 42.63 — approaching oversold territory, suggesting possible reversal setup.
🔸 MACD: Flat but showing signs of potential crossover — watch for bullish confirmation soon.
🔸 Volume: Still relatively healthy at ~3B in recent 15m candles; accumulation likely in progress.
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💡 Bullish Confirmation:
A firm break and close above $0.00002120 could trigger momentum toward the next resistance levels.
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📢 Risk Management:
✔️ Lock in partial profits at each target level.
✔️ Move stop-loss to entry after Target 1 is hit.
✔️ Holding above $0.00002036 keeps bullish structure intact.
✔️ Drop below $0.00001920 may signal weakness — exit or reassess.
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📈 Trend Setup: BONK is at a potential local bottom — watch for bounce with volume confirmation.