$BONK /USDT SHOWING BULLISH CONSOLIDATION – BREAKOUT INCOMING!

Current Price: $0.00002221

24h Change: +4.08%

24h Volume: 6.97T BONK / 148.11M USDT

TECHNICAL ANALYSIS

BONK/USDT is currently consolidating in a tight range just below short-term resistance, forming a potential bullish pennant on the 1H/4H charts — a continuation pattern indicating strong breakout potential. Momentum remains positive after bouncing off the 24h low.

KEY LEVELS

Immediate Resistance:

$0.00002320 – Short-term resistance

$0.00002340 – Breakout confirmation level

Support Levels:

$0.00002200 – Minor support

$0.00002160 – Strong structural support

$0.00001975 – 24h low and major demand zone

TRADE SETUP: LONG ENTRY

Entry Zone: $0.00002210 – $0.00002230 (inside consolidation range)

Targets:

TP1: $0.00002320

TP2: $0.00002380

TP3: $0.00002500

Stop Loss: $0.00002160 – below recent support

RISK MANAGEMENT

Maintain 1:2 or higher Risk/Reward

Risk only 1-2% of your total capital

Use position sizing aligned with SL distance

BONK is coiling up — watch for volume spike to confirm the breakout! Stay sharp!

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