$BONK
🎯 BONK trade setup (July 21, 2025)
🔼 Breakout Play
Entry: Daily close above $0.000034–$0.000035 with strong volume
Targets: $0.0000468 → $0.0000588 (per chart patterns)
Stop-Loss: Below $0.000030
🔽 Dip Entry
Entry Zone: $0.000030–$0.000032 (new support after retest)
Target: Bounce toward $0.000034–$0.000035
Stop-Loss: Below $0.000029
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🔍 Why It Works
Rising Futures OI (~$508M to $507M; recent spike) confirms leveraged buying interest .
Price breakout above $0.000027–30 zone after holding support, retesting, and now pushing higher .
Volume surge (+32–40%) on breakout-backed moves and positive funding rates indicate sustained momentum .
Technical structure: Clean descending-trendline breakout confirmed with retest; next resistance zones align with targets .
➡️ DYOR .
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