🌟 BONK 🚀 Breaking Resistance: Is a Bull Run on the Horizon? 🌟
$BONK | Current: 0.00002766 (+6.14%)
Dive into BONK’s latest breakout attempt—straightforward, Square-style insights, no fluff. 🐶✨
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📊 Market Pulse
• Price Action: Roughly $0.000025 USDT (+8% 24h, +13% 7d)
• Volume Explosion: Spiked to $1.4 B from July 1’s $122 M—demand is roaring.
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🛠️ Chart Mechanics
Resistance Zone
BONK is battling a tough ceiling at $0.0000235–$0.000026. A decisive close above that band is the key.
Bullish Formations
• Ascending Triangle on weekly—bias tilts up if volume confirms.
• Cup & Handle brewing; a break past $0.000026 could target ~$0.000041 (70%+ upside).
Correction Risk
Failure to clear resistance may see a pullback to $0.00002–$0.000019 (Fib 0.618/POC zone).
💡 Watchpoints
1. Volume Confirmation: True breakouts need heavy volume.
2. Retest Strength: Can BONK hold $0.000022–$0.000023 on a pullback?
3. Meme Momentum: Bitcoin’s highs are fueling altcoin mania—BONK is riding that wave.
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✅ Square Strategy Tips
• Visuals: Overlay the triangle and cup-handle on your chart with volume bars.
• Clarity: Mark entries, stops, and targets for easy reference.
• Transparency: Offer both breakout and pullback plays.
• Engagement: Poll your audience: “Breakout or retest—what’s your play?”
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🧠 Final Take
BONK sits at a pivotal junction. A volume-backed break above $0.000026 could trigger a 50–70% rally, while a failed attempt may form a healthy base near $0.00002–$0.000019. Keep your eyes on the volume, wait for confirmation, and manage your risk.
