BONK continues to show signs of strength with a +6% increase in the last 24 hours and a +34% increase on a weekly basis, thanks to the removal of the Seed Tag on Binance which has strengthened the bullish sentiment. The current price is around $0.0000346 with still high but controlled volatility.
Key levels for the long:
Solid support: $0.0000305
Entry point: between $0.000032 and $0.000034 with confirmation of volume and momentum.
Main target: $0.000038, a technical and psychological resistance level.
Extended target: $0.000045 in case of a breakout supported by volume.
Stop loss: recommended below $0.000029 to limit downside in case of reversal.
With RSI around 66 and a Fear & Greed Index at 71, the market shows optimistic sentiment but be cautious of any technical corrections.
#Bonk #TradingSignals
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