🔹 $BONK /USDT – 4H TRADE SETUP
$BONK is up +5.30%, bouncing from the $0.025 area with strong volume. However, MACD remains bearish (-0.000101), suggesting momentum may be cooling. Price is testing below SAR ($0.02767), indicating potential short-term resistance.
📈 ENTRY ZONE:
• $0.02660 – $0.02580
Healthy retracement zone above major support and under SAR resistance. Look for entries on rejection wicks or bounce confirmations.
🎯 TARGETS:
1. $0.02820 (24h high & resistance)
2. $0.02970 (previous local high)
3. $0.03150 (extension level if bullish momentum returns)
❌ STOP LOSS:
• $0.02480
Below previous support and BOLL base ($0.0243–$0.0249), giving room against volatility.
🔑 KEY LEVELS:
• Resistance: $0.02820 / $0.02970 / $0.03150
• Support: $0.02660 / $0.02580 / $0.02480
• SAR: $0.02767 (trailing resistance)
• MACD: Bearish crossover; watch next candle for volume divergence resolution.
💡 PRO TIP:
A close above SAR ($0.02767) on rising volume can shift momentum bullish again. If price fails to break above $0.02820, expect a dip to retest $0.02580. Keep position size moderate due to current momentum uncertainty.
🕒 Note: Tracking this trade for 4H candle performance update as requested.
