BONK/USDT – Slight rebound from the bottom, is an upward wave starting?
The currency $BONK experienced a decline to a daily low of 0.00002229, and is now attempting to hold near 0.00002279 with signs of a technical rebound.
Quick Analysis:
RSI (6) at 37 → has started to come out of the oversold areas.
The price is holding above the lower Bollinger band.
Good trading volume supports the likelihood of a short rebound.
Proposed Entry Opportunity:
Entry: Between 0.00002270 – 0.00002290
Stop Loss: Clear break below 0.00002220
First Target: 0.00002350
Second Target: 0.00002430
Short scalping opportunity with a tight stop loss and strict risk management.
Do you see BONK starting a new recovery? Or is it heading for further decline? Write your opinion!
