$BONK 🚀 BOOOOOOOOOOOMMM 🚀
📊 Technical & Chart Overview
Support & Resistance
Strong support sits at $0.0000140–$0.0000145 — a key demand zone combining Fib retracement and trendline support .
Immediate resistance near $0.0000150, with the next upside pivot around $0.0000165 (50 EMA & upper wedge neckline) .
Chart Structure
Bullish inversion: a double bottom forming around support, with a potential turnaround if price holds above trendline .
Short-term ascending channel also visible on the 4H/1D timeframe — a breakout could trigger stronger momentum .
🎯 Short-Term Strategy: “Double-Bottom Bounce”
**📍 Entry Range:** $0.0000140–$0.0000145 — base zone
**🛑 Stop-Loss:** Below $0.0000136 — undercuts support structure
🎯 Profit Targets:
1. TP1: $0.0000150 — immediate resistance
2. TP2: $0.0000165 — breakout zone
3. TP3: $0.0000175–$0.0000180 — extended macro target
Execution Plan:
Initiate positions within the support zone.
Add to position on a clear break above $0.0000150 with elevated volume (~30–50% above average).
Once TP1 hits, move stop to breakeven, and trail under pivot points as price trends upward.
✅ Bottom Line
BONK is probing a bullish reversal zone ($0.000014–$0.0000145) with early price structure and volume signs supporting a rebound. A confirmed breakout above $0.0000150 could lead to swings toward $0.0000165+.
Entry: $0.0000140–$0.0000145
Stop: < $0.0000136
Targets: $0.0000150 → $0.0000165 → $0.0000175–$0.0000180
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🛑 Disclaimer
This is educational content only, not financial advice. BONK is a highly volatile meme token—always DYOR, use tight risk management, and never risk what you can’t afford to lose.