🚨 BONK TRADE ALERT: THE BREAKOUT IS BREWING! 🚨

🔥 Chart Analysis + Trade Setup Inside 🔥

$BONK / USDT — 1H Chart | #Crypto #Altcoins #BONK

After a steep downtrend, $BONK is now showing strong reversal signs! 📉➡️📈

🔍 Key Technical Insights:

✅ Support Area Identified at ~0.00002500 – 0.00002400

✅ Bullish RSI Divergence – RSI forming higher lows while price makes lower lows. Momentum is shifting! 📊

✅ Down Channel breakout potential! A breakout from the channel could signal a trend reversal.

✅ Price is still under the 100 MA, but testing resistance. A clean break above could ignite a strong move.

🎯 Potential Targets Upon Breakout:

🔵 First TP: 0.00002694

🔵 Second TP: 0.00002759

🔵 Third TP: 0.00002882

🔵 Final Bullish Target: 0.00003118

🛡️ Risk Management:

📍 Set stop-loss just below support area (~0.00002400)

🎯 Entry zone: On breakout above 0.00002600 with volume confirmation

🚀 This could be the turning point for BONK! Watch closely for breakout confirmation!

$BONK

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