$1000BONK /USDT – Triangle Formation Ahead of Breakout? 🧐
$1000BONK is currently consolidating inside a Symmetrical Triangle pattern on the 1H chart. This pattern suggests a strong move is coming – but the direction depends on the breakout! 🔍📊
📍 Support Line: Holding near $0.0330 📍 Resistance Line: Tightening near $0.0355 📉 Current Price: $0.03467 📈 Volume: Compressing = Breakout Imminent ⚡
🔍 Technical Analysis:
🔸 Triangle is forming after a downtrend = Possible bullish reversal 🔸 Price is coiling with lower highs and higher lows 🔸 Volume decreasing – classic sign of breakout build-up 🔥 🔸 Breakout above $0.0355 can push price towards $0.0385+
I'm currently watching the triangle closely. If price breaks above the resistance, momentum can take $BONK flying again. However, if it breaks down, we may retest $0.0325 – stay cautious & wait for confirmation! ⚠️
💬 What’s your move on BONK? 🔁 Share this if it helps 📲 Follow for more real-time chart updates!
