Letās dive into the juicy details behind BONKās recent surge and what could be next. Weāll keep it fun, informative, and Square-approvedāno hype, just clear insights. š¶āØ
---
š Market Snapshot
Current Price: Around $0.000025 USDT ā up ~8% in the past 24 hours, with a 7-day rally over 13%āmomentum is building!
Volume Surge: Trading volume has soared to ~$1.4āÆbillion recentlyāup from ~$122āÆmillion on July 1āindicating serious interest.
---
š ļø Technical Setup
šŗ Resistance Breakout Pressure
BONK is testing a major resistance cluster around $0.0000235ā$0.000026, a zone thatās historically tough to crack. Breaking above could confirm strength.
š§ Bull Patterns in Play
A classic ascending triangle on weekly charts ā bullish bias, pending strong break and close.
A potential Cup & Handle formation; breakout above $0.000026 could lead to a 70% rally toward ~$0.000041.
š Possible Correction
If resistance holds, price might pull back to support levels at $0.00002ā$0.000019 (Fib 0.618 and volumetric POC).
---
šÆ Key Levels & Trade Ideas
Scenario Entry Zone Stop-Loss Target(s)
Bullish On breakout above $0.000026 Below breakout zone (~$0.000024) 1ļøā£ $0.000035ā$0.000039<br>2ļøā£ $0.000041 (cupāhandle projection)
Neutral/Bearish Bounce near resistance ($0.000025ā$0.000026) Above resistance (~$0.000027) $0.000020 ā $0.000019
---
š” What to Watch
1. Volume Confirmation ā A powerful breakout needs strong volume to validate buyer conviction.
2. Retest Behavior ā Watch if BONK retests the $0.000022ā$0.000023 region and holds support.
3. Macro Meme Momentum ā Bitcoin's recent highs are fueling meme coin interestāBONK is riding the wave.
---
ā Square Strategy Tips
Visuals on Square: Include the resistance triangle and cup-handle graphic with volume spikes.
Clear Trade Map: Label your entry, SL, and TP clearlyāhelp everyone follow your logic.
Stay Transparent: Note both breakout and pullback scenarios, plus stops and targets.
Engage the Fam: Ask the community š āAre you in bullish breakout mode or waiting for a retest?ā
---
š§ Final Take
BONK is dancing around a pivotal resistance zone packed with technical significance. A rising-volume breakout above ~$0.000026 could spark a serious rallyāpotentially 50ā70% gains. Meanwhile, a rejection may lead to a healthy pullback to $0.00002ā$0.000019 before another squeeze.
Letās stay square: track the volume, wait for confirmation, and manage risk wisely. Whatās your playāare you set for an upside breakout, or patient for a dip? Drop your setup below and let's discuss! š¬
---