:
š $1000BONK /USDC 4H Trade Setup
Market Insight:
$1000BONK is showing solid bullish momentum with a +9.15% move in the last 24 hours. Price has broken above the 25 and 99 MA, showing continued short-term strength, though current price is slightly under the 7 MA, indicating potential short-term consolidation before continuation.
š© Entry Zone:
0.03550 ā 0.03620
(Buy near support if price dips; use caution if chasing higher.)
šÆ Targets:
0.03720 ā Minor resistance & recent local high
0.03830 ā 24h high and breakout point
0.04000 ā Psychological round level & next fib extension
š Stop Loss:
0.03430
(Below 99 MA and major support)
š Key Levels:
Support: 0.03535 (MA25), 0.03434 (MA99), 0.03284 (24h low)
Resistance: 0.03683 (MA7), 0.03805 (24h high), 0.03831 (prev high)
Pivot Zone: 0.03665ā0.03720 (volume cluster & local rejection area)
š” Pro Tip:
Watch for a bullish retest of the 0.03620ā0.03650 zone with strong volume. If price consolidates above 0.03720, expect a potential breakout into new short-term highs. Avoid entries if price starts closing under 0.03500 on high volume.
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