🐶 BONK surged 90% this week: Will it continue to break through?

$BONK

• Current price: $0.00002334

• 24h volatility: +0.04%

• Daily high/low: $0.00002561 / $0.00002139

• 24h trading volume: $1.06 billion

• Market capitalization: $1.85 billion   

📈 Technical analysis

• Near resistance: $0.00002500

• Strong support: $0.00002100

• RSI (14): 59.34 – Near neutral zone

• MACD: MACD line crosses above the signal line, slight buy signal

• Trading volume: Strong increase, confirming the bullish trend 

BONK is fluctuating in a narrow range between $0.00002100 and $0.00002500. A breakout above or below either of these levels could determine the next trend.

🎯 24h Futures Strategy

Proposed position: Two-way

• Long option:

• Entry: $0.00002510

• TP: $0.00002700

• SL: $0.00002300

• Win probability: 65% if BONK breaks the resistance of $0.00002500 with high volume 

• Short option:

• Entry: $0.00002090

• TP: $0.00001900

• SL: $0.00002200

• Win probability: 60% if BONK drops below the support of $0.00002100 with increasing volume

🔗 Trade BONKUSDT directly on Binance

👉 Open a trade here

$BONK