🚨 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!
#ProjectCrypto #TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport