🚀 "BONK Rocket Approaching Critical Point! Bullish Celebration or Bear Trap?"

Technical Analysis:

• Price Status: Current price 0.022085, above the middle Bollinger Band (55.7%), bullish dominance but the upper band at 0.0233 poses strong resistance; MA200 deviation at 35.8%, much higher than the holding cost (+29.9%), indicating overbought risk.

• Market Strength: 24-hour volume increased by 16.6%, but short-term volume is shrinking (volume ratio 0.49), with a net outflow of 113 million tokens in 1h, and the long/short ratio rising to 1.1361, indicating clear signs of profit-taking by the main force.

• Key Levels: Support at 0.0205 (Bollinger lower band + high transaction area), resistance at 0.0228 (maximum pressure area for spot). The liquidity gap is in the range of 0.0184-0.0228 (accounting for 20.8% of total spot volume).

Market Cycle:

Mid-term acceleration phase of a bull market, but 1h RSI at 55.4 is neutral to weak, with a high probability of short-term pullback.

Trading Strategies:

• Long Position Strategy (buy on pullback):

• Entry: 0.0205 (support area)

• Stop Loss: 0.0200 (breakdown failure)

• Target: 0.0272 (median resistance)

• Risk/Reward Ratio 13.4:1

• Short Position Strategy (aggressive):

• Entry: 0.0228 (resistance area)

• Stop Loss: 0.0234 (Bollinger upper band)

• Target: 0.0205

• Risk/Reward Ratio 4.6:1

⚠️ Risk Warning:

1. Increased risk of short-term net capital outflow causing pullback (1h net outflow of 113 million tokens);

2. If support at 0.0200 is broken, the probability of trend reversal surges;

3. Position size ≤2%, avoid low liquidity periods during Asian trading hours.

> Summary: The bullish trend remains intact, but it faces technical correction in the short term. Conservative traders should wait for a pullback to 0.0205 to position long, with a stop loss at 0.0200; aggressive traders can try a small short at 0.0228, with a strict stop loss at 0.0234.

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$1000BONK