BONK is currently trading at 0.00003270, posting a +0.99% gain in the last session. After bouncing from the support zone at 0.00003145, the price is attempting a short-term recovery within a sideways consolidation channel between 0.00003145 and 0.00003387.
💹 The RSI sits at 40.28, suggesting that BONK is in neutral-to-slightly-oversold territory — a potential setup for a bounce. Meanwhile, MACD remains flat but shows early signs of a possible crossover, hinting at bullish momentum trying to build up again.
---
📊 Key Technical Levels:
Resistance: 0.00003542
Support: 0.00003145
---
🎯 Trade Setup:
Buy Zone: 0.00003180 – 0.00003260
Stop Loss: Below 0.00003120
Target 1: 0.00003387
Target 2: 0.00003542 and potentially higher on strong volume
---
🔥 My Take:
BONK is holding above a short-term support and trying to regain bullish momentum. If it stays above 0.00003180 and breaks 0.00003330 with volume, the next leg up to 0.00003542 becomes more likely. Watch for a MACD crossover and RSI rising above 50 for stronger confirmation.
🔔 Keep tight stop-losses and monitor volume for confirmation of trend reversal.