$BONK
Update on Bonk (BONK) :
---
📉 Market Pulse
Price: ~$0.00001446 (▲ ~5.8% from recent low of $0.000013)
Volume: Jumped 98% to ~$160M → strong buy-side participation
Sentiment: Fear & Greed: ~50 – neutral; OI rising (+6.7%), Long/Short ratio ~1.12
---
🔎 On-Chain & Technical Signals
Support breached: Fell under $0.0000145—now represents resistance if reclaim fails
Buy-Volume Surge: ~309B BONK bought vs 182B sold—aggressive demand
Derivatives Activity: Open interest +6.7%; volume +59% → futures traders leaning bullish
Technical indicators: RSI ~40–50; MACD & CCI flashing potential reversal; a clean breakout > $0.0000150 would confirm bullish trend
---
🎯 Trader Playbook: Entry & Exit Zones
Trade Type Zone Rationale
Dip Entry **$0.0000138–$0.0000142** Near historical support—low-risk zone.
Breakout Entry **> $0.0000148–$0.0000150** Confirmation of bullish momentum.
Take Profit #1 **$0.0000165–$0.0000170** Resistance aligned with recent highs.
Take Profit #2 **$0.0000185–$0.0000195** Next upside target if momentum holds.
Stop Loss Below $0.0000135 Drops below invalidates bullish setup.
---
⚙️ Trade Setup Ideas
1. Range Play: Long near $0.0000140; take partial profits at $0.0000165; tighten stop to break-even.
2. Breakout Play: On pop above $0.0000150 with volume surge, scale in targeting $0.0000185+.
3. Risk Control: Aggressive exposure only after breakout; otherwise stick to conservative entries.
---
🌐 Watchlist & Risks
Momentum needs volume: Keep an eye on daily trade volume—low volume could lead to fade.
Macro moves: As a meme coin, BONK is highly sensitive—watch broader crypto moves and Solana ecosystem headlines.
Support test: A retest below $0.0000135–$0.0000140 could invalidate the setup and push price to $0.0000125 .
---
🚀 DYOR and Follow me for more information and updates
➡️ Please Like and Share .