$1000BONK /USDT 4H Trade Setup
Market Insight:
$1000BONK is consolidating near 0.03480 after a slight pullback from the recent high of 0.03598. Despite a -1.85% drop, it remains above all major moving averages (MA7, MA25, MA99), showing underlying strength. Volume is still solid (783M), and the trend appears intact, with a potential breakout brewing above resistance.
Entry Zone:
š¹ 0.03400 ā 0.03450 (pullback zone near MA25 and MA7 support)
Targets:
šÆ Target 1: 0.03540 (recent minor resistance)
šÆ Target 2: 0.03635 (previous local high)
šÆ Target 3: 0.03729 (next key breakout resistance)
Stop Loss:
ā 0.03275 (just below the 24h low and key demand)
Key Levels:
Support: 0.03400 / 0.03352 / 0.03279
Resistance: 0.03540 / 0.03635 / 0.03729
Pivot: 0.03480
Pro Tip:
If BONK reclaims 0.03540 with a high-volume 4H candle close, it could signal momentum continuation toward 0.037. Tight range with bullish structure = ideal for breakout scalps.
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