$BTC
Based on the recent updates for the **BONK/USDT** pair (July 8, 2025, price ~0.022887), here’s an adjusted analysis of the targets and trade management:
### 📊 **Technical Performance Update**:
1. **Strong Uptrend**:
- **+4.64%** since the last analysis (from 0.022490 to 0.022891).
- **Break of previous resistance** (0.022900) with high trading volume momentum (OBV ~11.1B).
2. **Current Indicators**:
- **Moving Averages**:
- MA(7): **0.022734** (Immediate support)
- MA(25): **0.022519** (Strong support)
- **RSI(6)**: **70.37** (Close to overbought, but hasn't reached 80 yet).
- **MACD**: **+0.000007** (Weak but positive).
- **Funding Rate**: **0.0300%** (Positive, supports the uptrend).
3. **New Critical Levels**:
- **Maximum Resistance**: **0.023738** (24-hour high).
- **New Support**: **0.022490** (Previous bounce area).
### 🎯 **Targets Update and Exit Plan**:
| Level | Price | Gains | Justification |
| **Target 1** | 0.023000 | **+0.5%** | Psychological level + quick profit-taking. |
| **Target 2** | 0.023500 | **+2.7%** | Medium resistance (50% of the peak). |
| **Target 3** | 0.023738 | **+3.7%** | Today's peak (testing maximum resistance). |
Updated Stop Loss**:
- **0.022600** (Below MA(7) + profit protection).
📉 **Emergency Scenarios**:
1. **If the price drops below 0.022600**:
- Exit immediately (stop loss).
2. **If RSI rises above 80**:
- Reduce position by 50% (avoid correction).
3. **If the funding rate turns negative**:
- Full exit (signal of trend weakness).
