๐ถ $1000BONK /USDT โ Momentum building up fast after breakout!
๐ Current Price: $0.02060 (+10.20%)
๐ Moving Averages:
MA(7): ๐ Bullish slope (not shown but inferred from candles)
MA(25): $0.01896 (recent breakout zone)
MA(99): N/A on 1H but clearly below current price
๐ Price is climbing steeply with no signs of slowing down. Itโs holding well above the 20-period MA, suggesting strong short-term momentum.
๐ Market Behavior:
BONK rallied from $0.01608 to a high of $0.02081 โ a clear breakout rally with volume confirmation. Minor consolidation near highs suggests potential continuation.
๐ฅ Momentum Snapshot:
โข Strong volume surge โ
โข Bullish structure: higher highs & higher lows ๐บ
โข RSI likely entering overbought (watch for cooldown or continuation)
๐งฑ Key Levels:
Resistance: $0.02105 โ $0.02150
Support: $0.01960 โ $0.01880
๐ง Opinion โ Trade Setup Idea:
If youโre looking to trade this:
โข Long Entry: $0.02040 (on slight dip or breakout retest)
โข Stop Loss: $0.01960 (below local support)
โข Take Profit 1: $0.02130
โข Take Profit 2: $0.02220
๐ก If price breaks $0.02105 with momentum, TP2 becomes realistic.
โ ๏ธ DYOR โ This is purely a technical view and not investment advice. Never rely on a single chart โ combine multiple signals and always manage your risk.
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