Trade Signal for $BONK /USDT
Current Price: 0.00002783
Timeframe: 1 Hour
Support Level: 0.00002551
Resistance Level: 0.00002788
Entry Zone: 0.00002700 - 0.00002730
Stop Loss: Below 0.00002500
Trade Targets:
TP1: 0.00002800
TP2: 0.00002900
TP3: 0.00003000
Trade Analysis: BONK/USDT has shown a solid price increase, breaking past the previous resistance level of 0.00002700. We are now seeing a potential continuation of this bullish momentum. As long as the price holds above support at 0.00002551, further upward movement is likely.
If the price clears the resistance at 0.00002788, the next target is 0.00002900 and potentially even higher. Look for volume confirmation to ensure the upward trend is sustained.
Action: Enter at the support zone between 0.00002700 and 0.00002730. Set stop-loss below 0.00002500 to manage risk. Keep an eye on the price action for further bullish confirmation.