$BONK
BONK update :
๐ Market Snapshot
Current Price: ~$0.00002951, up ~0.1% intraday.
Volume: High, rally fueled by ETF buzz and token burns .
Price Action: Up ~60โ85% over recent weeks due to bullish wedge and descending pattern breakouts .
๐ Key Technical Levels
Support Zones:
~$0.000020 (recovery base)
~$0.0000244 (weekly resistance turned support)
Resistance Zones:
Immediate: $0.0000281โ$0.0000284
Next: $0.000032โ$0.000036 (potential measured move target)
๐ฏ Trade Ideas
โ Dip Entry
Buy: $0.0000245โ$0.0000260
Stop: $0.0000230
Target: $0.0000284 โ $0.000032
โ Breakout Entry
Buy: on clear move above $0.0000284 with volume
Stop: $0.0000270
Target: $0.000032 โ $0.000036+
โ ๏ธ Risk Considerations
RSI is high (~74), and technicals signal โStrong Buyโ โ potential for short-term pullback .
A drop below support (~$0.000024) could invalidate upward momentum.
๐งญ Summary
Bullish setup backed by wedge breakouts, whale accumulation, and ETF/token burn catalysts.
Ideal entry zones: dip to $0.0000245โ$0.0000260 or breakout above $0.0000284.
Targets: $0.000032โ$0.000036+, with stops under $0.000023โ$0.000027.
Fast-moving memeโcoin โ strict risk control advised.
โก๏ธ DYOR .
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