$BONK
Strong rebound from support, buyers are entering 🚀🐶
BONK has printed a strong green candle on the one-hour chart, sharply rebounding from the local bottom at 0.00003383 and regaining above the key moving averages. 📊
Chart snapshot:
- Current price: 0.00003490
- Highest price in 24 hours: 0.00003563
- Lowest price in 24 hours: 0.00003383
- Trading volume in 24 hours: 2.36 trillion BONK
- Moving average crossover: MA(7) crosses above MA(25), indicating new momentum
- MACD indicator: shows signs of potential bullish reversal
As BONK continues to trade above MA(99) at 0.00003439, a short-term breakout may be on the way. 🎯
Buying strategy:
Entry point: 0.00003450–0.00003490
Targets: 0.00003620 / 0.00003785
Stop loss: below 0.00003360
Selling strategy:
If the price fails to maintain the level of 0.00003400, sellers may target support at 0.00003280 again.
The structure is turning bullish — volume is increasing and indicators are turning in favor of the bulls. Expect the upward movement to continue.