$BONK Momentum Trade Idea
#BONK has surged over 100% this July, blasting from lows of 0.00001144 to tap 0.00003120. The daily chart shows strong bullish momentum with all MAs fanning up, confirming trend strength.
🔍 Trade Setup:
• Entry: 0.00003000 – 0.00003050
• Stop Loss: 0.00002780 (below 5MA)
• Target 1: 0.00003200
• Target 2: 0.00003450
• Target 3: 0.00003800
⚠️ Watch for consolidation near 0.00003120. If BONK breaks and closes above with volume, could trigger another leg up. Manage position carefully extended moves can retrace fast.