#BreakoutTradingStrategy $BONK Continuous Bounce - Await Confirmation of Breakout...
Strongly bounced from the support area of 0.00002110, forming strong bullish candles on the 15-month chart. Buyers are leaning towards buying, and if the momentum continues, a breakout above 0.00002300 could lead to a strong upward movement.
Long Trade Setup:
• Entry Area: 0.00002230 - 0.00002250
• Stop Loss: Below 0.00002180
• Target 1: 0.00002300
• Target 2: 0.00002390
• Target 3: 0.00002510
Market Overview:
Trading volume is increasing, and the structure is trending upward.
Continued movement above the level of 0.00002300 will confirm the continuation of the trend.
Watch for the appearance of a rejection wick or a clear retest of the entry area to determine the optimal timing.
BONK
0.00002168
-6.67%
#BinanceTurns8 #