📈 Active Swing Trade – $BONK
🧠 Technique and structure (1D and 45min chart)
BONK breaks bearish consolidation with a clear CHoCH on 1D on 04/23, followed by BOS and a high expansion candle. Currently, it respects an upward structure with HL above $0.0215.
In 45min, the correction was absorbed by the EMA zone, with possible new expansion. MTF MACD crosses upwards.
💧 Volume and dynamics
Decreasing volume in recent declines. Previous momentum with massive buying and subsequent retesting with low volume, which may indicate accumulation.
🔥 Liquidation Map
Key liquidity zone pending at 0.0266 - 0.0275, with supercharts at 0.025–0.026. Higher density below $0.0220 suggests support protection. We see a carpet of stops further down, reinforcing rebound potential.
🧬 Fundamentals and context
BONK maintains a volume of $648M/day, a market cap of $1.81B, and a circulating supply of 89%. It remains the dominant meme in Solana. We leverage ecosystem momentum $SOL
🎯 (long swing)
Entry: $0.0229 (active)
Stop Loss: $0.0211
TP1: $0.0255
TP2: $0.0269
TP3: $0.0292
R/B: ~3.2
⏱️ Projection if the market supports
✅ Active and well-structured trade. Maintain while respecting the zone of $0.0215.
🟢 Additional confirmation if it breaks $0.0243 with volume.