😱 Is BONK on the edge of the abyss... a bullish bounce or a bloody crash? 🔪
On the 4-hour frame, a sideways rectangle is forming ruled by:
– Support 0.000031–0.000032 🛡️
– Resistance 0.000038–0.000041 🚧
The RSI indicator at 21 reveals a sharp oversold condition... Will buying power succeed in the bounce? 📉↗️
🎯 Recommendation:
• Buy near 0.000032 ✅
• Stop loss below 0.000030 ⛔
• Targets:
– First: 0.000037–0.000038 (+15%) 🎯
– Second: 0.000040–0.000041 (+25%) 🚀
⚠️ Warning: A strong breach of 0.000030 may open the door to a drop towards 0.000028 or lower...
👇 Do you bet on the bounce? Or do you consider the rise a deadly illusion? Share your opinion! 💬
#Bonk #BONKUSDT #BonkCoinFundamentals #BinanceHODLerTree #CryptoScamSurge $BONK