🪙 Bonk (BONK) – Scalping Opportunity

Entry Price: $0.00002508

Target Price: $0.00002650

Stop Loss: $0.00002400

Confidence Level: Moderate

📈 Technical Analysis

RSI (14): Approximately 27.78, indicating that BONK is currently in oversold territory, which could suggest a potential for a price rebound.

MACD: The MACD line is above the signal line, suggesting bullish momentum.

Volume: The 24-hour trading volume is approximately $356 million, indicating significant market activity.

📊 Trade Rationale

Bonk ($BONK ) is currently trading at $0.00002508, showing signs of being oversold with an RSI of 27.78. The MACD indicates bullish momentum, and the price is above both the 50-day and 200-day EMAs, suggesting an overall upward trend. Given these indicators, a short-term price movement to $0.00002650 is anticipated.

Note: Cryptocurrency markets are highly volatile; always conduct your own research and consider your risk tolerance before making any trades.