💥
$BONK /USDT Testing Resistance After +1.40% Growth!🔥
🌟Current Price: 0.00001818 USDT (+1.40%)
🌟24-Hour High: 0.00001924 USDT (Critical resistance zone)
🌟24-Hour Low: 0.00001772 USDT (Key support level)
Volume (24H):
🌟BONK: 2.71 Trillion
🌟USDT: 50.31 Million
⚡BONK is showing modest growth, consolidating near the 0.00001818 USDT mark.
The yellow trendlines and price points suggest pivotal areas for either a breakout or a retracement.
⚡Technical Indicators 🔎
Moving Averages (MA & EMA): Indicate a gradual recovery with bullish alignment
Bollinger Bands: Slight compression signals reduced volatility—ideal for a breakout setup
RSI: Neutral but nearing overbought—watch for rejection signals near resistance
MACD: Mild bearish divergence; monitor closely for crossover confirmation near support
🎖️Trading Setup 📝
Bullish Scenario
Type: Rebound Trade
👉Entry: Above 0.00001830 USDT (confirmed support bounce)
👇Take-Profit Targets:
🎯TP1 (1:1): 0.00001860 USDT
🎯TP2 (1:2): 0.00001890 USDT
💢Stop Loss: Below 0.00001800 USDT
🎖️Bearish Scenario
Type: Breakdown Trade
👉Entry: Below 0.00001800 USDT (confirmed rejection)
👇Take-Profit Targets:
🎯TP1 (1:1): 0.00001780 USDT
🎯TP2 (1:2): 0.00001750 USDT
💢Stop Loss: Above 0.00001820 USDT
⚡Risk Management Strategy ⚠️
For Bullish Setup, move Stop Loss to Breakeven after reaching TP1 (0.00001860 USDT) and secure partial profits (~50%)
For Bearish Setup, move Stop Loss to Entry after hitting TP1 (0.00001780 USDT) to protect capital
⚡Key Takeaways ✍️
1. Confirm breakout or pullback moves with a volume spike to avoid false breakouts.
2. Watch the 0.00001924 USDT resistance zone—its breach or rejection will likely determine the next major move.
3. Maintain patience and strict risk discipline, especially with reduced volatility setups.
Disclaimer:
#DYOR* Buy Or Trade With Me On
$BONK #BinanceAlphaAlert #BinanceAlphaPoints #TariffPause #Bonk