$BONK /USDT – Bullish Momentum Cools After Sharp Rally
BONK surged to a high of 0.00002581 before facing intraday profit-taking, now trading at 0.00002330 with a 3.56 percent daily gain. The hourly chart shows a strong breakout followed by a pullback, indicating a classic bullish rally cooling off after overextension. Despite the retracement, the trend remains intact as long as key support holds
The structure remains bullish in the larger context with price still up over 90 percent in the past 30 days. If BONK can reclaim 0.00002450 resistance, the rally could extend to 0.00002600 and potentially 0.00002730. Support sits at 0.00002250 with stronger demand expected around 0.00002180
A breakdown below 0.00002180 could shift sentiment to neutral. For now, buyers may look to reload on dips while momentum stabilizes
Market Bias
Current trend is bullish with corrective pullback
Immediate resistance at 0.00002450
Upside targets at 0.00002600 and 0.00002730
Support at 0.00002250 and 0.00002180
Invalidation level below 0.00002100
Trade Setups
Short-Term Trade
Entry near 0.00002320
Target 1 at 0.00002450
Target 2 at 0.00002600
Stop Loss at 0.00002220
Swing Trade
Entry between 0.00002200 and 0.00002330
Target 1 at 0.00002550
Target 2 at 0.00002730
Target 3 at 0.00002900
Stop Loss at 0.00002100
$BONK remains one of the top meme coin movers with a strong uptrend. A successful reclaim of local resistance may trigger a renewed rally continuation.#NewsTrade #BONK🔥🔥 #CryptoComeback $BONK