#AbuDhabiStablecoin

Below is the analysis of the Bollinger Bands (20, 2) chart for BONK/USDT (15m)—

1. Bands Width

UP – DN = 0.00002171 – 0.00002008 = 0.00000163

Relatively large width → high volatility, the price has risen rapidly in recent sessions.

2. Price Position

Current price 0.00002111

Above MB (0.00002090), below UP (0.00002171)

This means the price is in the mid-to-upper zone—bullish but a bit of correction/consolidation is ongoing.

3. Key Signals?

Price has not touched the Upper Band

There has not yet been an excessive bullish climax—sell pressure is low.

Price bouncing from Mid-band (MA)

MB is acting as support, buyers have maintained the mid-to-upper move.

Bands expanded

Volatility is high, strong trend confirmed—uptrend is strong.

4. Trading Strategy

5. Summary

Bands are widely spread → high volatility, strong uptrend

Price in mid-to-upper zone → consolidation, opportunity for the next upward move

Buy on mid-band bounce, Take-profit near upper band