🐶 $BONK
USDT BULLISH CONSOLIDATION – READY TO UNLEASH THE NEXT LEG UP? 🐶
$BONKUSDT is currently trading at 0.00002219, showing a tight consolidation after testing highs near 0.00002368. Price is holding above the key psychological support, indicating bulls are preparing for another breakout attempt.
🔑 Key Levels:
Resistance: 0.00002300 – 0.00002368
Support: 0.00002200 (immediate), 0.00002163 (24h low)
Current Price: 0.00002219
📈 Trade Setup (Long):
Entry Zone: 0.00002200 – 0.00002220
Targets (TP):
TP1: 0.00002300
TP2: 0.00002350
TP3: 0.00002400
Stop Loss (SL): 0.00002150
📊 Market Outlook: BONK is consolidating with low volatility candles after a strong upward move, suggesting accumulation. If it holds above 0.00002200, bullish continuation towards the recent highs is expected in the next sessions.
⚠️ Risk Management: Due to BONK's high volatility and meme token nature, risk only 0.5-1% per trade, and avoid over-leveraging to protect capital against sudden wicks.
💡 Patience pays – wait for a clean breakout confirmation before adding size.
👉 Comment 🐾 if you’re watching BONK for its next explosive move!