🐶 $BONK Holds the Line – Bullish Structure Intact!**
**Current Price:** $0.00001995 **(+1.6% 24h)**
**Key Levels:**
- **Support:** $0.00001820 (200 EMA) / $0.00001832 (Daily Support)
- **Pivot (POC):** $0.00001955
- **Resistance:** $0.00002034 → $0.00002581 (Local High)
- **2025 Target:** $0.00003243 (77% Rally Potential)
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### **📊 Market Structure Breakdown**
1. **Retest & Recovery**
- Rejected at **$0.00002581**, but stabilizing at **200 EMA** (4H).
- Pullback to **$0.00001820** was a **77% corrective move** (bullish continuation setup).
2. **Key Confluence Zone**
- **Fibonacci 0.618 level** aligns with daily support (**$0.00001832–$0.00001841**).
- Holding here suggests accumulation before next leg up.
3. **Bullish Catalyst**
- A **confirmed close above POC ($0.00001955)** could trigger:
- Short-term rally to **$0.00002581** (local high).
- Extended target: **$0.00003243** (Jan 2025 swing high).
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### **🎯 Price Outlook**
- **Immediate Reaction:** Watch for rejection/break above **$0.00001955**.
- **Bullish Case:** Sustained momentum could retest **2025 highs** ($0.000035 zone).
- **Risk Scenario:** Failure to hold **200 EMA** may lead to deeper correction.
**Volume & Sentiment:** Buyers need to defend the POC for breakout validation.
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### **📈 Trade Setup (HTF Bias: Bullish)**
- **Entry Zone:** $0.00001820–$0.00001950 (with EMA confirmation).
- **Targets:** $0.00002581 → $0.00003243.
- **Stop Loss:** Below $0.00001800 (daily close).
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### **🔍 Why This Matters**
BONK’s structure mirrors a **bull flag continuation**. The 200 EMA has historically acted as a springboard for rallies—similar to January 2025’s run.
*Note: Meme coins are high-risk; manage position size accordingly.*
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